Hi guys,I have a tenant who has requested to move out early due to COVID-19 related financial hardship. Don't worry, I tried many times to work with them on options as I do not want to make someone homeless during th...
Good morning,I'm about to get my first property under contract using a North Carolina Standard 2-T form. As the wholesaler, do I complete all the details? I'm not currently in the state and, so, I want to email it t...
Hi, I am a total newb here but have been to a couple webinars and recently tried the rental property analysis calc. When I get the results I end up with a bunch of numbers that I am not sure what exactly they mean - ...
Given the new tax code, are there any tax advantages to titling a flip property under a single-member LLC vs under my personal name?Many thanks in advance!Mark...
Hello,
Please excuse my ignorance in this matter. Trying to figure out the best way to set everything up.
This is the situation:
My long time friend and now business partner has the financial means to finance our rea...
Hi BP community!I am a new investor (hopeful) and am partnering with a good friend of mine and a third experienced investor. My initial end of the bargain is to draft a Memorandum of Understanding that will then trans...
Can anyone recommend sources for contact information for property owners? I've used Propstream, Red X and Real Estate skip trace with varying levels of information accuracy. Who do you recommend for one off property i...
Hi: Any underwriters in the BP domain that can share details on how DTI is calculated? I am not looking for a high level formula but rather looking for exact details. Which specific line items from personal and busine...
Hi All, Can anyone recommend book(s) that go into great detail about house hacking? Thanks,
Hello, Is it normal to have a "contractor's fee" defined in % for a fixed-priced house remodel contract?Additional BackgroundContractor says there is a lot of "unknowns" in the project. When asked what happens if some...