Matthew Griffiths
Hello from Evansville, IN
Hello everyone, I am currently a grad student who is about to graduate in less than two months!! I am very interested in real estate as an investment in the future and am looking to learn, but have some questions reg...
Geoffrey Lessel
Looking for comments/suggestions on a Mobile Home Park deal
I have found a deal here in Central Arkansas on a mobile home park that I would love to get comments and/or suggestions on. I have a private money lender who is interested in the deal with me but I've never bought a M...
Eddie Martinez
Escrow Analysis Statement
Hello BP Nation!
I have a question for our professionals out there who may be able to better understand this situation I'm in.
Last year I was sent a EAS (escrow analysis statement) as was short 8xx som...
Raj G.
Private lending to LLC with First lien on default
I did a private lending , borrower bought house under the name of LLC, first lien recorded. value of house is at least to cover the loan(as of now). I have personal guarantee, Mortgage note, promissory note.Now borrow...
Corey Williams
Frustrated About Vacant Home
My wife and I have been tracking a vacant house now for about 7 months. We submitted an offer back in May and supposedly 4 others had done the same. These offers are somewhere in the black hole that is consuming the...
Account Closed
Don't understand BRRRR strategy?
I was reading up about the BRRRR strategy and I don't understand how the refinance part works. Just wondering if I'm understanding this correctly. Thanks in advance!ExampleProperty bought: $75,000Renovations: $30,...
Dana R.
Other landlords rejected applicant- Is there something wrong?
I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
Emma Chen
Please Advise How Newbie Start Out Based on My Situation
Hello all,
This is Emma greeting from San Diego, California. I recently graduated from my MBA program and currently work on the acquisitions team in a real estate company. I have been listening to the Bi...
Mark C.
Texas tax deed question
I have thought about investing in real estate for years and I'm starting to more seriously research different opportunities. I've read up on texas tax deeds and have a couple of questions.1. When a property does no...
Jason Krawitz
How would this be taxed?
Hello BP folks. My wife and I bought our first home in 2005 for 131k. In 2014 we moved out of it and it’s been a rental since. If we sell it today for 275k, would we be hit for capital gains and income tax for the dif...