Dana R.
Tax liens in public records
I'm going through credit reports, and there are some red flags with their public reports- namely that the tax applicant had tax liens in 2009, 2011, and 2013.It concerns me that this happened to him multiple times. He...
Andrew Fawcett
San Diego Option to Purchase?
I was looking at my property on the county clerks office. I bought my condo in 2016, and I see the previous owner as the grantor and myself as the grantee for the deed. This is all normal.
Where things get unusual is...
Alex Scaffold
Selling natural gas well with mineral rights
So we bought land in marcellus shale decades ago....8yrs ago we got a lease agreement for a well for 5yrs - $GOOD DAY$....8yrs pass, shale is out of vogue in america for environmental and oil business/economic reasons...
Vincent D'Amato
Properties on sale for long periods on time
*Title typo - Properties on market for long periods of time*Hey BP,
I am curious to know what people's perspective is on properties that have sat on the market for a long period time, say over 1 month. Of course 9 t...
Dakota Mivshek
Buying land with plans...help me understand how to evaluate
Here is one for you - any help much appreciated. Scenario - off market land deal. $700k for the land and the "plans". Estimated construction costs of $1.3m-1.5m. 9 units that can be condo or apartments. The condo's wo...
Amir B.
Selling my first investment property in Cuyahoga county and like to re-invest
Hello,
I'm selling my investment home and like to re-invest it into another property to avoid paying capital gains taxes. I have never done a 1031 exchange, but I wanted to know how long it takes to re-invest the fun...
Nathan Faselt
Burying the Tax Burden with Property Burials of loved ones? : Tax hack ?
The Big Question: Can You Bury the Tax Burden (Literally) with Property Burials?
I know it might sound a bit unusual, but I've heard rumors about some savvy real estate investors or just a "Tic-Tok hype loophole lawy...
Brandon Clark
Requesting extra funds from lender for possible rehab mishaps
Hey BP, quick question about financing loan amount. My loan is 80% LTV of the purchase plus rehab net. I wanted to know if it was normal to increase the amount requested for the rehab to pay for any unexpected expense...
Jeremiah Fennell
Are All Closing Attorneys Created Equal.
Whether the closing is connected to a commercial or residential property?Whether or not I am doing a 1031 exchange or hard money lending?
Mike Nichols
We pulled the trigger, now we wait, I guess we can watch dancing
We went to a real estate auction today and purchased our first rental property. The property goes before the court on December 6th, so we should be able to take possession on December 9th. It was a tax sale. We paid a...