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I was put on a quick claim deed to my parents home. It is paid for and had no financial obligations or tax benefits. Would being on the deed in California prevent me from claiming as a 1st time home buyer to financial...
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Summary: I have the opportunity to purchase several tax liens which return 9% at face value (no premium). They would typically sell for a 5-6% premium at auction, so should I exercise my right of first refusal with th...
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Hi BP, I'm hoping to get some advice from you BP members who are experienced with 1031 Exchanges. Background:I just made an offer on an 80 unit apartment building. I will be assuming the existing mortgage on the prope...
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There has been no end to the frustration felt by the owners we represent. They ask "what can we do to get the tenant to pay?" Since the eviction moratorium went into effect, we could only shrug and say, "Sorry, noth...
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Hi All, need some good advice here.Is it wise to sign a new lease with a new tenant the end of this month amid COVID 19 eviction Moratoria law in Florida?It sounds like almost any tenant can invoke this law and avoid...
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I'm sure it's been asked a million times, but I couldn't find a clear answer.
What measurement tool should I be using to determine whether a property is worth going after?CoC, 1%, 2%, Cash Flow, etc.It seems as thoug...
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I am looking to purchase my first using this strategy and wanted to reach out for any guidance you could provide. This property is an RV park in central Tennessee. It appraised at $454,000 and the seller is asking $32...
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Hello,
I'm very familiar with Wholesaling and Assignment of contracts.
With a Lease Purchase, would I simply get the property under a Lease Purchase contract with the owner and assign my rights?
T...
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Hello,Working with some partners to decrease vacancy rate of 160 residential units in a large Ohio town near Columbus. Currently have about 9 empties, we will get them rented eventually but recognize the large amount ...
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All my rentals are financed and their mortgages (Freddie/Fannie) are in good standing. What does it take to house them under a LLC ? Do the lenders have any concern ?