Shane Schaetzel
First Short Sale .......
Hello everyone,
I am a Real Estate Auctioneer / Broker in Wisconsin. I have recently started studying short sales as I come across leads very often. I have a few properties that I am going to look at tommorrow and I ...
Pradeep Baptist
Syndicating a MF deal right of the bat
Hi,I'm from Columbus, OH and me and my partners are looking to syndicate a MF deal. Turns out syndicating a deal is going to have a huge lawyer bill. I want to know if anybody has done such a deal for their FIRST EVER...
Cheree Harris
Tax Question for Rentals
Applied and was approved for a guidance line of credit in my personal name before starting a real estate business with another party. Closing on the home next week but payments will be made to lender from company acco...
Jean Norton
Can we talk about House Bill 87 (Florida) from an Investor's Viewpoint?
What was 5 years to collect is now 1 year. Does that include the statute of limitations for foreclosure filings? See this LINK about a foreclosure missed the 5 year deadline. Is this now 1 year?
Does this ...
James Fowler
Tenant near eviction dies, daughter not on lease lives on
Tenant was working respectfully towards repaying $4800 rent bill. She even let us do a inspection, and was clean and took care of her place with pride. However we did find out there was an adult daughter living with h...
Andrew Namkoong
Real LLC Tax example
Hi everyone,I am trying to understand this whole tax situation with a LLC and how we actually get taxed.Say I have a property, under my personal name, that generates $1,000 per month on rents and $800 per month on all...
Aaron Kaplan
1031: single private owner --> LLC assistance
HELLO BP land: there must be many many folks whom have done 1031s here and many attorneys and CPAs but I wanted to know...we have a SFR title is in wifes tax ID (we live in WA but house is in CA [where we used to live...
Jane George
Question about a Deed of Transfer
If a person (not an investor) paid off someone else's mortgage (cash) to buy a property outright, is a transfer of deed for the property all that is needed? I'm in Texas. It looks on the surface to be that easy. ...
Brandan Orcutt
Owners finance deal gone bad! Need advice
I have an owner financed deal that has gone really bad. I am to the point of the foreclosure sale happening in two weeks on April 5th but the buyer has come up with a bunch of cash, $12k and he owes me about $13k more...
James Wierzba
How to legalize a partnership?
Hi,
I have been partners with my brother for the last 5 years on real estate investing. We own 8 units. Our partnership is a little complex:
- We both split the down payments 50/50
- We both own 50% of each prope...