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Hello BP world. I know you can receive a commission as a real estate agent / broker if you have a license and refer business to someone, but does the same rule apply to mortgage lenders/brokers. Example - you have a...
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Hello. I'm an investor residing in CA, about to go into NC in the next few weeks for a RE investment. Any thoughts, insights, guidance on the Durham and/or Winston-Salem areas? Main focus/goal is long term equity, wit...
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Foreword: Any advice, tips and critique is welcomed. Just keep it constructive ;)I feel I have a deal in the works. Located in Ontario Canada, I have found a property that needs some TLC/reno attention.It currently is...
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So I started a reasonable sized mailing campaign for my first attempt and have been receiving a decent amount of contacts. While I have enjoyed the conversations with these homeowners, I am starting to see a trend th...
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Hello!My wife and I have literally zero experience, but have recently looked into real estate. We're already on the path of reigning in our spending, started paying down student loans, generally getting out of debt, a...
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I have been getting prepared to present a seller financing package but I am unsure concerning taxes and the balloon payment. Will the seller have to pay taxes on the balloon payment? If they sell the property in form ...
Hi , I am new here and this is my first posting . Great forum !
I am considering the following investment
-11 unit building , mix of 1 and 3 BDRMs , fully occupied
-Price is $415K
-NOI 55K on 105K Gross
-Building is...
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Broad question, right? Yes, I know. But lets get specific. I'll try to be as concise as possible.I and a partner (Paul) own 6 rental properties. Our company has teamed up with another investor (he owns 35 more with va...
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Good day all! I have a question in the best way to go about purchasing a home with a partner. Quick Background:Bob - would be 2nd homeTom- would be his 1st home (willing to live in home as primary)What would be some r...
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I currently live in Omaha, NE and am planning to move to Colorado. I currently have 2 properties, 1 as a rental and the other is my primary residence. I'm trying to decide if I should keep these two properties or sell...