Nathan Waters
Subject to, Contract for Deed, Wrap Around
I am closing on my first seller financed deal in about a week. It is a contract for deed. There is a current lien on the house that I will be paying to ensure its not missed. But my question is this:Whats the differen...
Ricardo A Perez
Do you pay taxes on cash flow ????
Hey BP family ! Any CPA’s out there lol . I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...
Charley Gates
The size of the seller-financed note market
I just finished Jimmy Napier's book, "Invest in Debt." In Chapter 2, he states that, in 1982, the size of the seller-financed note market was $75B. I believe that the current size of the seller-financed note market i...
Patricia Andriolo-Bull
So now VRBO tells us when and how to communicate?
Did y'all get the VRBO email on their new Host Communication policy and with it, sale of property? Not that the communication policy they set forward is outrageous, it just gets tiring of being told what and how to d...
Chris DeSisto
How a wholesale deal works question.
Hello, I've got a question on how a wholesale deal works and plays out. For an example say a house is worth 100k and there is a loan amount for 50k still on the property. Say I go to the owner and offer 20k. Maybe the...
Summie S.
Newark NJ Non Renewal Notice
I am trying to end a fixed term lease with tenants in Newark NJ. The original reason I gave (non agreement to full lease terms) they are now saying they didn't say, which b/c I know them I know was implied. Can I simp...
Cortez Wilson
Rental Lease Renewal
Hello,I have a property that’s currently being managed by a management company. My tenants lease ends next month and I don’t plan on renewing with the management company. Can I just send my tenant a Rental Lease Exte...
Karen L.
Basics of real estate calculations
HelloI'm reading Frank Gallinelli's book. It's pretty detailed. Is there an additional book that is a bit shorter and really breaks down the math behind real estate?
Stephen Jones
Enlighten me- Federal funds for a multifamily purchase
Hello All,
I'm in need of a little explanation and advice on acquiring federal funds for a 30 unit multifamily purchase in the Midwest area. The apartment complex I'm buying is an old school that was converted into...
Adrian N.
When did BP become so user, UN-friendly?
The ONE time I wanted to use BP, after paying to be a PRO for the last 3 years, and they take down my post and label it as an advertisement? All I did was ask who is a wholesaler in a certain area that I am currently ...