Clay W.
Hanging/utilizing my salespersons license
I recently received my California RE salesperson license. I currently work in the industry for a broker (where my license is registered). However, I work in the commercial transaction realm and have nothing to do w...
Wendy Vaidic
De Minimus Safe Harbour
Hi Everyone!I have researched De Minimus Safe Harbour election & it sounds like a very beneficial tax election.My understanding is:1. You can writ-off, instead of depreciating any item under $2500.00 ($5000.00 wit...
Kay Swor
Terminating a contract to purchase a property
Hello everyoneI'm new to investing and unfortunately put a house under contract to purchase. The first comps were from a different neighbor hood (often mistaken as where we were looking, according to the owner) but w...
Jonn Vidal
Newsom reduces deposits on Furnished apartments of first, last & security to just 1mo
In many states, the last month's rent is or at least was an addendum to "security deposit" so much so that most renters no matter the state will tend to still ask to apply their remaining amount on deposit (last month...
Pierce Edwards
Vacation Home Mortgage Question
Do you need to currently own a home/primary residence to utilize the 10% Vacation Home Loan? Or can I use the 10% Vacation Home Loan while renting? Also, would using the 10% down eliminate the option to use the 3% FHA...
Aaron Hite
Can someone explain how to set up a Land Trust in Arkansas?
Hello BP,I am trying to set up a Land Trust in Arkansas. I cannot find the Trust Agreement and Deed in Trust forms. I was wondering if someone could send me these documents.Also:- Is there another form needed if the T...
Kirk R.
How to become a hard money lender & protect myself.
How would I become a hard money lender?
What kind of interest rate should i expect?
How would i protect myself so rehabber doesn't run off with my money? So if property sells for less or doesn't sell I'm not left ...
Devin Amstutz
What can I attach to a POS agreement!?
After watching the Watson video here on BP about "marketing no no's" I have a better understanding of how to market the property without breaking laws. Can not use the address or anything that would lead an investor t...
Travis S.
Trying to rent a property in Benton Harbor, MI
We have a home property in Benton Harbor, MI that we are being told is in a location that we cannot rent the home. The subdivision is over 40 years old and I find this hard to believe. How can we find out this info...
Darryl Barnes
seller carry 2nd mortgage
Are there any lenders out there that will let sellers carry a second Mortgage