Jessica Petriello
Should I hire a lawyer when purchasing a short sale?
I am looking to purchase my first potential home for personal residence. It just happens to be a short sale. I have been told these can get messy, and with out a lawyer representing me I am at the mercy of the bank an...
Cara Abbaticchio
Tenant moving upstairs from downstairs apartment mid lease
My tenant is moving upstairs from the downstairs apartment. How should I document this move? Should I release them from the current lease and draw up a new one or should I just add an addendum holding them to the term...
A Halter
Looking for Investment and Real estate advice
Anyway have advice on building Specs in the Naples area - from the investors standpoint.Also any advice of attracting people to join in on your project to make a profit and minimize the risk for all parties.
Cruz Sanchez
IRS revises EIN app process; Companies cannot sponsor companies
So apparently the IRS has revised the EIN application process. The change will prohibit entities from using their own EINs to obtain additional EINs. Here is the article directly from the IRS website: https://www.irs....
Kevin Kohler
5.5% cap rate Rental Property - Thoughts?
Hi BP,I have an investor interested in selling their investment home in South Florida. After running numbers they have about a 5.5% cap rate. The lease is new and the tenant will more likely renew it two more times ...
Christopher Davis
Who determines ARV when refinancing?
Not sure which forum to put this in. Reading through BRRRR by David Greene.With the whole topic of refinancing, this is assumes an accurate ARV, and the bank lending you 70-80% of that. Question: who determines the AR...
Nicholas Baughman
Abandoned Property in Temecula
There’s this abandoned property Ext to my MIL’s place up in Temecula. I’ve been eyeing it for quite some time and I finally pulled the title on it. I have some info on it and am thinking about writing to the owners. I...
Phil Sneed
Office Condominium Acquisition
Investment Info:
Office Space commercial investment investment in Round Rock.
Purchase price: $216,000
Cash invested: $41,000
Sale price: $240,000
Office Condo
What made you interested i...
Gianluca Carella
wholesaling legalities / requirements
Hello,Can anyone tell me whether or not you need to be a licensed agent in order to legally wholesale deals? I have a feeling this differs from state to state. I live in California and how would that work if we were ...
Andrew K.
Newbie rehabber from NC moving to DC soon! Seeking mentor and property.
Hi BP community! My name is Andrew and I'm an aspiring RE rehabber/investor. I'm currently in the military and stationed near the largest Army post, Ft. Bragg, NC. Not many active investors on BP from the Fayettevi...