John Lindemann
Does a buy have to have a realtor to buy from a realtor?
I am selling an investment house in Oklahoma and I have signed with a realtor to list and sell my house. Last weekend a buyer found our house from a listing my wife had posted on a Facebook page. The buyer messaged ...
Ronny Crawford
Taxes on Private/Hard money loans?
Does anyone have professional guidance regarding how taxes work regarding private lenders or hard money lenders? I was on both sides of this question last year and have not yet filed my taxes.Two scenarios to conside...
Diana Medina
What Would You Do? Why?
Hello BP family!I’m brand new to the world of the real estate investment and am trying to educate myself. But I gotta say, there’s so much to learn and so little time.I’m debating on next steps and what better source ...
James Likis
Family/Boots on the Ground compensation?
We are preparing to do fix and flips long distance in a city where we have plenty of family. We’ll have a realtor on the team and set up systems for the contractor team to provide us with video and picture updates. Th...
Robert A.
Interest only, long term, and a portfolio of properties.
Hey BP, I'm talking with a seller who owns 28 units/10 properties (C--) in a 2 square mile radius of Columbia, SC. He has proposed seller financing, 10% down, interest only with a 10yr call. Still in the early stages,...
Walt Giroir
Incorrect Survey done 15 years ago
I am in the process of selling land in Texas and have been informed that the survey done 15 years ago does not align with a recent survey done with a neighboring property. Seems like title insurance should cover this...
Chelsy C
How can I make sure the title has no cloud or having a clear title after closing a short sale on a property in California?
I am buying a property,by looking at the prelim report, it has a trust showing both mother's name "A" ( pass away) and daughter "B" is selling the property short sale to me. on the #2. of the title report, it says ...
Tony Hernandez
Texas TREC Contract
Hi all,I ran across this blog post by a texas lawyer: http://drewshirley.com/a-lawyers-guide-to-the-trec...Anyone disagree with the points this lawyer makes? In particular the following: Section 15: If you are the Buy...
Timothy Edwards
Realtor contract, but want other realtors feeding deals my way. Suggestions?
Hey everyone,I apologize if this is answered elsewhere, but I couldn't find what I was looking for. I am looking for my first SFH or duplex in central Texas, from NE San Antonio to south Austin. This covers a LOT of...
Michael Medaglia
Proving “Use” Requirement for Full Exclusion of Gain
My wife and I are approaching 2 years of ownership and use of our only home as our primary residence in which case we should qualify for full $500 exclusion of capital gains upon sale. The problem is she is not on the...