Nicholas W.
Has an LLC ever protected you first hand?
So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
Janelle Niles
Question(s) re. "Subject-to" purchasing of homes
Hello: I've read that one risk of buying properties "subject-to" is that the seller/mortgage holder may file for bankruptcy, and the home can then be foreclosed upon. However, if the buyer is paying the mortgag...
Jordan A.
We made our first offer - Tell us how we did
My business partner and I (tried) to make our first offer today on a potential flip. We’ve only been looking for about a week and a half and this one hit the market right in our back yard. Here are the details:
House...
Kalman G Szabo
Pennsylvania Inheritance Tax Payment for a sheriff sale property
Dear Fellow BPers,
Here is the gist of a recent sheriff sale acquisition that I would need some help with and it might be educational to some of you.
I acquired the property at a PA Sheriff sale through a mortgage f...
Ryan H
Closed Tuesday but the previous renters moved back in Wednesday
Closed Tuesday but the previous renters moved back in Wednesday. The place they had lined up to move into ended up being sold so the landlord returned their deposit and 1st months rent. They had no place to go but s...
Jason Holtzinger
California Or Out of State????
Hi BP community, Please keep reading through this intro to get to the guts of my question.I have decide that I am going to purchase my first multi family property. I purchased my first home in 2012 and held for 8 year...
Brandon Turner
Making Money on Deals that Most Investors Throw In the Trash
Hey folks,
Today on the BiggerPockets Podcast we are excited to bring you an interview with @Grant Kemp and he shares his strategy for buying over a dozen homes a month ... most of which require little-to-n...
Lisa Casey
Entitled Tenants from hell....but my mistake for being "nice"
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...
Rachel Degennaro
Seller backed out at closing!
I was in the process of buying what I was led to believe (by seller and listing agent) was a triplex, the top 2 units were rented and the bottom one was vacant, so I was going to live in bottom and continue renting th...
Thomas Moran
Wholesale Contract - Is this legal?
Hi BP -
May or may not be in a debacle here so I wanted to consult the community. I am under contract via an assigned contract through a wholesaler. I just figured out the obscene margin that he is making (which does...