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Investors seeking to optimize their assets, defer taxes on large capital gains, and secure their financial future often explore various trust structures to achieve their objectives. Two popular options that have gaine...
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Hello - we are scheduled to close on the sale of a property on June 7, and the buyers, who are moving here from out of state, have requested an early move-in date of May 29 w/a Hold Harmless agreement.
Has anyone don...
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Hey BP,I am looking for advice on how to structure a partnership. JV or LLC as partners. What are the Pros and Cons, implications, etc. I currently have 5 units that I have acquired over the last 24 months with my own...
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Hello all, looking for some clarity on a potential Contract For Deed sale. I possibly want to sell one of my properties to an investor connection I have via CFD. I am still confused on the process, specifically with t...
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I want to start contacting RE attorneys to discuss what contracts are needed for fix and flip. What questions should I ask or topics to focus on? I have no experience with attorneys but I want to start building my team.
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Hello my fellow investors,
I am currently looking at partnering with a colleague to purchase a property for both personal leisure as well as to STR. Currently speaking with lawyers on the benefits/drawbacks of purch...
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Anybody have some sample wording for a seller carry back mortgage note that is held inside of a tax deferred exchange? Any assistance would be appreciated. Jack
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Hey Everyone, So I have found an off market deal where the owner wants to get rid of the home at $63k. Which puts our budget very tight for a flip with the repairs looking to be around 20-25k. I am having the thought ...
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Investment Info:
Single-family residence buy & hold investment in Elsmere.
Purchase price: $107,000
Cash invested: $107,000
Purchased as primary residence as a single parent to two kids. Converte...
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Hey BP, Recently had a contractor that I've been working with for 3 months just totally ghost me. We have a signed contract with what work needs to be done and when. After he finishes work he gets paid. But we had a h...