We are are flipping a house and just put it under contract with a buyer. Their title company just informed me the examiner found a recorded tax lien from a few years ago of over $23,000. The house has been sold twic...
I'm in the process of buying a single family house with a tentative closing of 08/31. During the termite inspection they found old trails with no live termites in the garage. The seller will have to pay $1500 for the ...
My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...
When you are a wholesaler, do you examine the property thoroughly? How far should you examine the property? How do I determine the value and cost of repairs? Do I need a lawyer or contractor?
I'm under contract for a strip mall and expect to close this week. This is my first commercial property, but I have been managing residential tenants for almost 13 years. I've examined the leases and it's clear that...
Just curious about self-directed IRA's and wondering if anyone is familiar with this idea.
I set up a 401k with my self-directed IRA funds, which purchase stock in a newly-formed C-Corporation, The Corp than buys, sa...
This property was in my family from homestead times. It passed from my Great Grandfather to His daughter. She died intestate. Then her Husband died intestate. They had 2 sons who had both died childless prior to th...
Hello BP community,While driving around my area, I came across a 3 bed 2 bath house with the ideal characteristics of a home to target with direct mail: overgrown grass, stained vinyl, crinkled blinds in the windows, ...
I am a beginner am reading my 1st R/E book (by Brandon Turner), and building my goals and plan. Can I claim LLC/S Corp expenses, such as classes/examination to get a R/E broker license, if I incur them before I creat...
I have a Triplex in South Florida and one of my tenants just moved out. She lived in the unit for two years and had 2 daughters and 3 cats at one point. This post is regarding two of my main issues.1. There was a r...