Ted Klein
Selling a Property Back to Yourself
Upon the death of my sister, I have been researching properties owned by her and I have found quite a lot that I need help understanding.She was previously married and legally divorced but began living with her new pa...
Latoya Pryor
Owner passed away intestate
Hello All,I have a situation. Spoke with a son who mom passed away intestate. He has one sibling. He is interested in selling the property but unsure what steps need to be taken. He believes there was still a mort...
Brent Salazar
STR Insurance & Holding Title
Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices. My partner and I bought a home in our personal names and operate our guest house as a STR. We created an LLC to oper...
Josh Kindlesparker
Preforeclosure "subject to" and Bankruptcy
If I buy a property "subject to" from a seller in Preforeclosure. I make up the back payment of $7500. What if the seller then files Bankruptcy? What protects me, if anything, from loosing the property and cash?
Is ...
Tony Dragoo
Need Some Advice!
So here's the situation, my parents have a home in my hometown and are also renting one out in Chicago after we moved here, he makes both the rent payment and his own mortgage payment for his home. There confused on w...
Jehanzeb Beg
Selling after owning multi family for 1.5 years
Hello,I am located in Chicago, IL looking to sell my 2-flat after owning for a 1.5 years. What type of tax I will have to pay on the property? I owned-occupied one unit and rented the other
Tanner Pile
Third House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,300,000
Cash invested: $5,000
Owner financing a triplex and converting into back into four units. I will ...
Paul Lee
Denver, CO Triplex Deal Check Request
Hey BP members,
I need a quick sanity check on the math here just to make sure I'm not biting off more than I can chew. I'm currently under contract for a triplex, which I will be occupying one unit (2 BR, 1 BA) fo...
Mike Gardner
Asset Protection
Do any members have any suggestion for a good asset protection Attorney, not looking for a sales person, looking for a good asset protection attorney, in the Ohio area preferred, or someone familiar with our laws.
Fo...
Account Closed
Foundation Issues in Wisconsin - What to do?!
Hey all - I'm evaluating a property just south of Madison, WI, and there are obvious problems with the foundation. However, I don't know the solutions, and more importantly the cost. When I toured, a few things I noti...