Edwin Epperson
PRIVATE LOAN - Memphis TN
Investment Info:
Single-family residence private money loan investment in Memphis.
Purchase price: $125,000
Sale price: $125,000
This is a private loan I provided to a family who owned two townhouses...
Tim Huynh
Refinishing wooden floor; Light vs Dark stains
What's your preference and why? My contractor shows me some options and he recommend I go with a lighter stain for rental property.
Bruce Silverman
Things to Remember When Shopping For Hard Money Lenders
NOT ALL HARD MONEY LENDERS ARE ALIKE! That is the first thing to remember when starting to shop for a lender. That’s right; you have to shop for a lender just like you shop for the right house. Some lenders may seem a...
Account Closed
Forclosure vs Deed in Lieu
I hold a note(deed of trust), within my SD-RA, that is due at the end of January 2013.
The debtor, a Real estate investor LLC, states that they can not repay the note because they have not sold the house and that they...
Sharon Li
2/5 Rule for Sale of Two Properties While in Military
Im active duty military, and am planning on selling one of my homes (Property #1) in the next several months, which meets the 2/5 capital gains tax exclusion criteria of having both owned and lived in it for 2 of the ...
Randall Martinez
When should you evict a tenant for late payments ?
Hello All,I've been following BP for several months but generally don't post within the forums.I have a tenant who recently fell into tough times, and has been unable to pay rent , in full, for about 2 months now. Our...
Solomon Tadesse
Tax CPA recommendation in Northern Virginia area
Hi Everyone,Anyone have any recommendations for a good CPA in the Northern Virginia area that works well with real estate investors? Any help with this would be greatly appreciated!! Thanks for the help,
Bj Carvalho
inlaws...property...and taxes
Hey folks,I'm exactly sure where to post this question...so I suppose it will get posted here for now :-).My in-laws are both retire and on fixed incomes. They have paid off their condo... but pay hefty utilities/mai...
Justin Moy
The Risks Of Passive Investing & How To Mitigate Them
There are 3 major risks investors need to be aware of before investing in a deal, in this post I’ll outline these risks and some strong strategies to mitigate them.
1. Investing in a poor sponsor team
The sponso...
David Grado
Changing lenders 2 weeks before closing?
I decided to go with my agent's "recommended" lender and didn't think anything of it as the numbers seemed within reason. I get an email about 1 week ago (3 weeks from closing) from a large bank asking if I needed a q...