Reginald S.
A local RE attorney told me today that you all are scam artist!
I must admit, I was forewarned not to waste my time trying to bring an attorney who was not already REI friendly up to date with the process of wholesaling. However after spending up about ten minutes of a local R...
Mike Jordan
No to real estate investment
No to real estate investment for the timebeing for me at least ( temporary)Because I already invested and I want to see how the market is doing, I want to learn more, networking.I am against real estate gurus who says...
Brent Salazar
STR Insurance & Holding Title
Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices. My partner and I bought a home in our personal names and operate our guest house as a STR. We created an LLC to oper...
Mike Tremblay
How do you figure ROI on a rental property 100% financed?
So a lot of people seem to tell me that I should know my ROI. But I'm unsure how to calculate that. I mean I understand that if I invest $1000 and make $100 over the course of the year then I got a 10% return. But...
Prabhjot Khinda
Commercial Lease Agreement
My father and his brother currently own a shopping plaza with 6 units. The plaza is currently under a LLC. But now they are thinking of not having a partnership in it anymore. How can my father and his brother equally...
Jonathan Taylor
How to get an adopted tenant out in CA
Hi BP folks,I got my approval and am actively bidding in Los Angles for my first property. Most properties I come across have tenants in place and since I'm house hacking, at least one vacant unit is written into my b...
Jean-marc Cabrol
1st lien on a property to 1st recording or 1st mortgage execution
As I realize the answer may depend on the State of the property, I am wondering if the 1st lien on a property is given to the 1st mortgage recorded, or the oldest mortgage document execution.Basically if I have 2 mort...
Jerry Harmen
Advice on a Very Individual Situation
I have a complicated situation i'm hoping to explain as best as possible and am seeking advice as to what type of mortgage I should be looking for.My girlfriend and I are looking to buy her grandmothers house. The gra...
Roberto Vasquez
1031 Exchange Form; When and how to apply it?
When and how do you report a 1031 Exchange to the IRS? I am buying a property and I will flip it after is fixed. Any suggestions? Thanks.
Harry Argueta
Buying your parents a home- Mistake or Paying it Back?
Currently in a very interesting situation where I have the opportunity to purchase a property appraised at $550k for about $430k. You may be thinking that’s a great deal in of itself (and it is) but the caveat to that...