Shane Tassin
First Property and Beginning of Real Estate Interest
Investment Info:
Townhouse buy & hold investment.
Purchase price: $122,000
2 story home with designer interior paint finishes and natural decor. Large Master bedroom with huge walk in closet, 2nd bed...
Dat Nguyen
1031 Exchange - Multiple title holders, one uses as primary
We are three siblings, all listed on title for a home. One sibling (single) lives in the home as a primary residence for the past 10+ years; the house has never been rented out. The other two siblings have primary r...
Kinjal Patel
is home warranty policy scam?
home warranty company told me that they only covers parts and no installation.and they can even denied any claim using exclusion paragraph without any reason. But when I purchase this 5 years ago in 2014, sales person...
Joanna Corona
Double Close on an Apartment Building
Does anyone know if the double closing would apply to a bigger deal? 125 unit apartment building? I have a buyer who is willing to make an offer on a 13MM apartment building and I know a wholesaler has this under cont...
Timothy Heck
Non-Conventional/Seller financing for condo with existing rent controlled tenant
Hello all,My mother has a condo in a building that is 50-55 yrs old in North Bergen NJ. She wants to sell it but we have an existing tenant who has been there a long time and is over 100 yrs old.A buyer who is intere...
Moe Sidd
NREIG (National Real Estate Insurance Group) Warning!
Hello everyone!Just wanted to share my experience with NREIG (National Real Estate Insurance Group) based in Kansas City, Missouri. This company has the poorest customer service you could imagine. I got a quote around...
Karl Arnold
Subject To - Seeking Title Company
Hello BP Investors - I'm in search of one or two title companies that are familiar with the due on sale clause and understands how to close deals using a "Subject to" contract. I am in the Northern Virginia area and ...
Account Closed
Expanding to Remote Flipping
Hi All,We're a real estate investment corporation (mainly flipping) operating in the Bay Area of California, we've been doing this about 7 years and flipped 200+ houses. We're expanding operations, to work with invest...
Paras Newbe
Buying rental property using LLC (?)
While I am continuing some research on this and this, I want to get some input on use of LLC. I will be buying my first rental property in next couple of months.
Should I be creating LLC for this? Can some expert he...
Mike Shah
Taxation of Pref Equity
I've been looking at a few pref equity deals and it seems like they are all promising different taxation. Some have told me that they get taxed at lower capital gains tax rates, while others have said you get a 1099-D...