Dave McEvoy
Market property with signed purchase agreement or contract?
I have a signed purchase agreement for a wholesale property. The contract is not completed by the attorneys yet? Can I try to find a buyer now or should I wait to have the contracts done? Thanks BPers!
Steve Christensen
Contract Assignment vs Double Close - Difference in Taxation?
If you assign a contract, never taking ownership vs double closing, is there a difference in the way you will be taxed? If so, what are those differences.
Jessica H.
Just got our first two houses under contract!
So excited and thankful for all the wonderful support and education we've found here! Both houses will close a few months apart from each other and we got each of them for 40k but are in decent areas. The first one...
Dion DePaoli
The Pain $ of Not Knowing - Contract For Deeds
I thought it would interesting to share some recent experience we have had with some of these instruments. To that extent, an illustration of the pain that can come with working with an instrument that is not the...
Robert Dodd
Buy Duplex with Contract for Deed affects Depreciation?
CFDs are business big in MN, for sellers. Avoid foreclosure if buyer defaults, makes sense. Lets say I buy a duplex by signing a contract for deed. Without being on title though, can an investor (me) rent that dupl...
Matt Munn
Any Book Recommendations: Real Estate Deal Structuring/Contracts
Hi BP! I'm looking to educate myself on the ins and outs of different types of Real Estate Contracts so that I can structure better deals. I'd like to study everything from standard property purchase agreements, to le...
Alex Gold
Commercial / Residential long-term replacing contract for deed
Hello,I own a commercial property (including a residence) via a contract for deed. I currently rent it to two of my other companies (which have paid rent faithfully since I got the property in March 2020) but I am loo...
Lukas Vanagaitis
Seller agrees to sell but ignores the contract
Owner says he owns the property free and clear. There are 2 other people on the title.
Property is vacant (despite some homeless guys) and in a bad shape. We agreed on the price, numbers worked, I sent him standard ...
DaVon Brooks
Abandoned homes, contacting homeowners & contracting the deal.
I found a property that seems to be an awesome deal, but I think it's abandoned; it's in an area that I visit a lot and I haven't seen anybody enter or leave the property in months. I even knocked on the door for abou...
Abad Marroquin
28 Unit Apartment Under Contract and Need Help!
I have a 28 unit apartments under contract in Georgia. The purchase price is $450KNow I am analyzing this deal. I have the rent roll, and I am requesting the operating expenses :Property Taxes (I already got this from...