Brian Mitchell
Pet Fee for a Lizard?
Hello BP Community, I am new to owning a multifamily and had a question for the community. I have a new tenant that signed a lease with me two weeks ago. We talked about if she had pets and she said she doesn't. Fa...
Nigel Witherspoon
How Do I Wholesale a Pre-Foreclosure Home That Has a Lawyer?
I am looking at a few homes in the area that are in pre-foreclosure (laws in SC appear to not have anything against investments in pre-foreclosures). However, when I run across them on a back-end search, they all have...
Nick Seginowich
Found a good off market deal, now do I tell my realtor?
I just connected with who I think is a good investment savvy realtor. I got a call from a motivated seller from some letters I sent out. Now I’m wondering if I should loop my realtor in? I’m not sure if this is a norm...
Jon Schwartz
Advertise a unit 3 months before it's available?
I'm closing escrow and starting reno on a duplex in two weeks. The reno is scheduled to end on November 18 (and we've worked in buffer time, so I'm confident we'll be done by then). At that time, I'll be moving into o...
Account Closed
Seller behind on payments
A seller told me he hasnt paid for 9 months.His payments are 850. That would be 7,650, But what about penalties, taxes, attorneys, etc etc. How can I know exactly how much I’d have to pay in order to get the seller ou...
Juan Avalos
How do I buy more property if I spent all on my 6 units
Hey everyone so me and my 2 partners formed an LLC and recently bought 6 units that bring in a good cash flow of $2600 monthly - We put in mostly all our cash without damaging our normal lives :-) .Its going to be a b...
Garrett F Anderson
Invest in 401K then withdraw to earn while saving --- a plan
Hello! So I am recently starting a career as an analyst and I need to start making decisions as far as my 401K is concerned. I have this idea that I'm not sure is good/ bad or allowed with 401K's. I will explain my...
Chris H
Help me understand how to proceed on sale
I have a buyer that wishes me to find her a home. She as seen my rentals and knows that I can find good deals. She has good credit and is a very reliable person. I am wanting to pick up a foreclosure for 80% of ask...
Jim Williams
tax consequences of assignment of contract
has anyone had any experience, from a tax standpoint, in assigning a contract for profit? in other words, what type of income does irs consider this transaction for person assigning?
jim
Terry Royce
Wholesaling an Owner Finance
I have a property that has been sitting on my plate for a while.
The owner has finally agreed to offer owner financing at 5% with 5% down.
My price is 13,800 and I had a 4k fee attached. I've had alot interest in the ...