Adam Evenstad
What to do with 80K every other year.
I want to supplement my family's current investments with real estate. The ultimate goal is to retire from my 9-5 within the next 18 years. My current take home income is roughly 4k per month from my job. I current...
Charles Mangum
Paying contractors via paypal a problem?
Id like to pay my repair guy via paypal to get him paid faster andnot waste his time driving around. He's pretty good about getting me receipts from a tax records perspective I wouldnt have a check image but i would ...
Liam Galbraith
Structuring A Partnership With A Promissory Note
Hi BiggerPockets Community,
I am looking into how to structure a real estate deal through the use of a promissory note. The situation is this: I will find and manage the deal, while my passive investor partner only w...
Joe Chillinsky
Columbus, OH - Pass HOA to Tenants?
What is the norm in Columbus, OH rental market? Are renters typically paying HOA or is the owner holding on to that?
Anja Brey
Legal/tax question regarding self-directed IRA
Hello,I have a defaulting promissory note in my self-directed IRA. I am about to short sale the property for a large loss. Ideally, I would close out the self-directed IRA and move the money back to an IRA brokerage a...
Logan Turner
Sellling with owner financing, amortization question
So I sold a property that didn't align with my portfolio with owner Financing. Purchased for 41k, 16k rehab. Sold 99k with 5k down, 10 year note at 10 percent interest. Payments around 1250 a month. So, the lawyer wh...
Joey C.
Using other peoples money for down payment.
Hello everyone. So I'm looking at a town home 2/1, 975 sq ft, central air, 1 level end unit in Connecticut for 59K. I put in an offer today for 50K. I have an interesting situation here and hope some of you can give a...
Donald Hendricks
Offer for $60k Over Appraised Value
Long story short, my neighbor sold his 120 acres of vacant land to a jerk. The jerk and I have been fueding since nearly day 1. Jerk has been wanting to buy my land & house. I have been telling him to bring me ...
Gisele Marcelin
Loans
Hey everyone,I'm brainstorming the options for my first flip and I need your help. I'm having difficulties finding a reasonable loan. Is it suitable to use FHA loan rather than a HARD MONEY LOAN to avoid a large down ...
Patrick O.
Bought a SFH. Want to rent it n buy another
Hi, about 3 months ago I bought a 4 bedroom SFH in the Roxborough section of Philadelphia. Before moving in I chose to make some upgrades to the home such as adding a 2nd bath, fresh paint n fixtures, etc. During thes...