Sven Simon
Agent Commission Deal when Flipping
Hi all,
Wondering what your thoughts and experiences are on the following:
I'm a flipper, and as an 'incentive' for agents/brokers, I generally agree for them to be the listing agent of a property that ...
Bill Nolan
Equity Trust Company
I am looking to get into REI and have six figures in retirement accounts to potentially obtain multi family in Chicago market.
Friend / Mentor uses Equity Trust Company to purchase and hold real estate in IRA throug...
Account Closed
Listing Your Fix and Flip Vs. Using a Realtor
Hey BP,What are the pros and cons of listing your first fix and flip on the MLS vs. listing with an agent?
Bridget Smith-Osbourne
Help Evicting a Military Family
Hello BP Family, Has anyone had to evict a military family? After two months of tenancy, I've decided to evict my tenants, a military family for non payment of rent & unfit living conditions. During a site visit o...
Joshua Dorkin
How to Find the Right Property Manager
Lately, a bunch of people have been asking about what to look for when picking a property manager. Its a great question, and I’ll try to cover a few important points. I’m going to ask more questions then I’ll answer, ...
Nate Smoyer
WCAP Financial Services -- can I trust them?
I just off my second call with WCAP Financial Services.
Long story short, the salesman become combative when I questioned their sources of funding. I requested multiple times to get an explanations and clarity of ser...
Davido Davido
Neighborhood Cooperates to Rent Abandoned Home. Who Pays Taxes?
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
Mike A.
Bad apartment buildings buy. Now negative in cash flow
Hey all, A friend recommended me to BP so I am hoping some people can assist with my delima. I've been buying props for a few years in Hartford and Bridgeport with good success. They are only 2 - 4 units, and very l...
Justin R.
Short Term Ski Town Rental
Does anyone have experience renting out cabins in the west coast? I am looking into possibly purchasing a Cabin in either Lake Tahoe, Mammoth, or Big bear. I am thinking about purchasing one as a "second home" which s...
George Ramsay
Red flag on short sale offer
Ive been working on a possible short sale and received the following from the listing agent
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**** and I work with a 3rd par...