Sam Choi
Newbie from Silver Lake, Echo Park, Los Angeles, CA
Hello,My name is Sam Choi. I currently live in Walnut, CA near Diamond Bar. I would love to get into real estate. Currently, my dad has 1 4-unit property. So I would really like acquire some properties of my own. I wo...
George Goldstein
Lying about real estate price
You know how when you buy a used car from a private seller you tell the seller to say he sold it for $3000 instead of $18000 so your dmv tax is lower? What prevents you from doing the same for real estate property tax...
Rudy Manna
Refinance Hard Money Loan
I am buying a fixer with hard cash loan. HML is giving me 90% of purchase price and rehab cost as well. When I refinance with a bank in few month later will the bank lend me 80% of purchase price or it can be 80% of A...
Donny Hogan
What is the best way to present to a private lender?
I have a friend that has a fair share of liquid assets and he continually makes comments that he would love to invest in my first house flip. I am now ready to move forward in this business, or close to it so how do I...
Rick C.
Georgia Realtors - Exclusive Buyer Brokerage Agreement
I recently started to look at properties in the Atlanta area, where I intend to do multiple purchases within the next year. I do not live there nor am I from there, so I had a buyer's realtor, whom I recently met, tak...
Antonio Esquivel
Create a property management company, put it on the lease
I'm sure other investors run into this problem as well...I was going to create an LLC a couple months ago until I found 99% of banks wont lend to LLC, great. So I purchased my 2nd rental under my name again. And even ...
Tyrone Green
WHAT IS YOUR BUSINESS PLAN??
Hey BP,Yes, ANOTHER question like this..I am curious to know what your business plan is.I would like to have as many people chime in as possible on thisWhat is your goal for your company?Do you even have a business pl...
Ann B.
Help with step up basis
I recently inherited a couple rental properties from dad which I plan to keep. I need to determine the step up basis. Do I need to hire an appraiser or can a broker (or someone else) help determine the value? Thank yo...
Stacey Everett
What is the note investor looking for when purchasing an owner-finance note
I have a deal that I am working on. I am fairly new to OF deals. I own the SFR outright. I am selling the property for $125k. The buyers are putting $5k down and financing $120k. since I am fairly new to RE investing,...
Stephanie Simmons
Duplex purchasing - non responsive listing agents
If you were a listing agent for a income producing duplex - what would cause you to not respond to another agent inquiring about your listed property?There are a few I am interested in (and I am an agent) - but before...