OK guys, I just got a nice lesson in the school of hard knocks. Paid the tuition for it too. Passing my lessons on to you. Maybe you won't be as stupid as I am.
Made a bid on a MH and acre. HUD foreclosure. Cont...
Hello all- Briefly- I used a HELOC on property A to buy Property B which I am now trying to sell with 100 % owner financing. Im paying X on the HELOC, but collecting XPLUS on the note. I've crafted terms that are a...
Hi everyone,
I have a question which I would appreciate some input on. I've been studying real estate for awhile now and am getting close to being ready for my first deal. (House-hack)
The main reason I'm getting in...
if I title an inherited property in an LLC, as opposed to in my name, do I lose step-up basis? Or should I title my name first, then put in an LLC? Thank you,
In the process of buying a single family home on long island that was build in 1925. Its being sold by a flipper, and we have the mortgage and were ready to close. But our lawyer after ordering a new title report foun...
Should I hire a lawyer, or call the county inspector first? Our contractor didn't get a building permit and now after firing her, I'm finishing it myself. Now the county appraiser left a door hanger stating he was m...
I currently do my own bookkeeping and taxes (for five rentals) and am generally comfortable doing so. However, what I need from time to time are answers to tax related questions that come up. I currently have an att...
Those of you have invested in Metro Phoenix--or are posting "where to invest" questions--might want to read this article from today's Arizona Republic.At the end of this excerpt there is a link you should be able to a...
Been on BP for a couple months now reading and listening to podcasts, really enjoying the forum so far. This is also my first post, so here's to an introduction!I'm making the step toward my first investment property...
We’ve done it again! Realtor/Investor Specialist Dan Kidd just helped another investor/client get a great rental property! Here are the details:Listed - $44,900Purchase Price- $36,700Estimated repairs - $18,000ARV-$72...