Account Closed
Withdrawing money from a mutual fund to purchase real estate.
I hope this is the correct forum to post this question. I currently have a mutual fund account with around 25k that I would like to use towards the purchase on an investment property. Long story short, my parents set ...
Federico L.
Is the rent for M2M higher than Y2Y?
My tenant asked to go M2M since she may be moving to a different area in town, unsure when. Current Lear lease is up in 2 mo. What is the customary rental fee when you go to month-to-month?Also, I believe in FL you ne...
Wogderess H.
Inspections on a 5 unit building
Hey BP,I'm buying a 1996 brick 5 plex in Hickory NC fully occupied and in good condition. I have always done inspections on my SFR's but considering the cost of inspection ($1300) and the year it's built, I am getting...
Danny Randazzo
3 Lessons Learned from Raising $2,500,000 in 6 Days
If you are trying to raise any amount of money, these lessons will be important for you and are areas you can always improve. We are in the home stretch to close on 130-unit apartment community. Below are three lesson...
Daniel Trzaskos
To 1031 or Not to 1031 - Offset Capital Gains
So.. odd situation that I'm having trouble getting a solid answer to. Partner and I bought a MF property via LLC which now under contract. Partner does not want to go the 1031 route and is ok with the capital gains hi...
Nathan Greeney
Waco TX property manager
Recently had a property management decide they did not want to manage my property anymore after just 6 months. Looking to get a reason for the sudden end but means I now need a new manager. Anyone out there have some ...
Mark Sarte
Turn Key providers or Wholesalers in Orlando / Kissimmee area?
Can anyone recommend any good Turn Key providers or Wholesalers in Orlando / Kissimmee area?
Andrew Nesbitt
Hard Money loan questions for my first flip
What are the typical terms for Hard money? I want to get an idea of what the current interest rate is, points, how much I need to put into the deal and how the disbursements work for the rehab. Are there upfront...
Dakota Mivshek
Tax Question - Mixing real estate commissions and Rental Income
Hi there, I have a tax related question. Things moved quickly these past few months, which has resulted in the creation of an LLC (S Corp status), Real estate sales commissions, & rental income. Current status: Re...
Christine L.
Found motivated seller via pre-foreclosure mailing. What do I say to get the deal?
I'm looking for my first deal for my family - we need to move into a good school district in a zip where home values avg $500K+. I mailed about 60 hand written letters to people who are listed as late on their mortga...