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Beware from whom you buy tax deeds from.Let me first preference this by saying, I know very little about the purchase and sell of tax sale properties.We recently contracted a property to purchase from an owner who had...
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I'm considering purchasing a commercial office building that has 4 suites. My own business currently leases one of the spaces. I would like to then convert it into a commercial condo. I know I would need to establis...
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There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
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Hi BP, I'm currently selling a single family home that I hold in a 2 member LLC with my wife. It was originally purchased under my name as an individual. We are purchasing a 4 plex with the 1031 proceeds combined with...
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Obama administration's proposal to sell tens of thousands of foreclosed properties owned by government-backed entities and then convert them to rentals gets mixed reviews.
http://online.wsj.com/article/SB100014240531...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
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I am talking to a homeowner concerning a vacant property they own (owner walked away ~1 year ago). In researching county records I noticed that the note holder (BoA) appointed a substitute trustee and demanded the tot...
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I've come across some online courses, particularly those by individuals like Tom Cruz and Section8Karim, who claim to provide valuable insights and strategies for successful Section 8 investing. However, I can't help ...
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I own a small company that buys and sells raw, vacant, rural land. For 4 years, we've bought and sold, exclusively for cash. We're scaling up our business and want to utilize OPM to help us scale. I had an informative...
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Hi BP peeps! Looking for some advice. I am exploring selling a group of 25 rental properties conveniently located in a single well maintained condo complex comprised of a total of 200 units in South Jersey. All units ...