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I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...
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This post has to start with a disclaimer. No one can guarantee returns, and there's a risk associated with any investment. Having said this, it will give those who are curious a rough ballpark of the kinds of returns ...
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After writing this, I now realize it's pretty long, so I put the main focus and details of the deal in bold and the rest of the fluff in italics.Prior to successfully completing my first real estate deal, one of the t...
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Tenants submitted notice of early termination, 2 months into their lease, due to military reassignment. I’m using the TAR lease (Texas), and there is a military clause. My understanding of this clause is that it allow...
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Hey everyone! So for those of you who’ve followed my previous post on getting my first rental property via seller finance, I wanted to follow up and get some insight on some of the terms we’ve agreed upon and accepted...
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We recently placed a duplex up for rent on Zillow, FB Marketplace, etc and on the description I clearly have the minimum requirements listed (600 credit score, 3x rent etc). When prospective tenants reach out, I then...
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Hello Guys,
I have read so much from soooo many investors that I really want it clearified here please.
If I find a motivated seller who just wants out of a property, Can I buy it legally with owner financing? I do ...
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After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
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Hello,
I bought a bungalow in a middle class neighborhood in Michigan, centrally located and close to a very nice downtown (not detroit!) but the house is in the service drive of a highway, it's a pain to bac...