Gerardo Gutierrez
Switch Property Manager when buying a property
Hi all, I was wondering what happens if I switch Property Manager when buying a property already rented?do I have to pay the current property manager company to transfer the lease to the new property manager company a...
Brent F.
Funding new company
I'm just getting into flipping real estate. I formed the LLC and have the offer in on the house. Now I'm not sure how I should fund the rehab cost. My initial thought was to transfer 25k into the LLC threw my personal...
Brandon O.
Tax Credits With Purchase of Leased PV System?
Hello BP:
I recently purchased a home w/ an existing photovoltaic lease. The lease was not transferred in my name, and I refuse to take over the lease due to less than favorable contract terms.
I'm inte...
Sergio Sifuentes
TREC Contract for Wholesaling
Hi BP community, I have been searching around for a wholesale contract for TX. I went to TREC the web page but there are several forms, I'm not sure which one is the one for wholesaling. Can ant one tell me pls.Thanks,
Account Closed
New member from Mauldin, SC
After getting out of college i ran my own company in Duncan, SC. While operating my company, I became interested in Real Estate Investing as a retirement plan. It soon became obvious that my passion was in Real Est...
Paul Soto
San Bernardino BK
I have been evaluating purchasing single family rental property in the city of San Bernardino. Just last week it was announced that the city is seeking bankruptcy protection. In addition to possible criminal allegat...
Benjamin Sussman
Buying a property using my parents
Hi,Once I hit my limit of having 4 traditional mortgages, can I give my parent the money to have them buy a property under their name and then have them transfer the property into my LLC?Would they still be responsibl...
Vincent Meoli
Insuring foreclosed property
Hi everyone. Quick question.I won a foreclosure auction and I am anticipating a Sheriff's Deed, but the processing time is 8-10 weeks. Is there a way to insure the property between the end of the auction and title t...
Justin Hennig
When does Seller Pay Taxes on Contract for Deed / Land Contract?
When an owner sells their property on a contract for deed, do they pay taxes on the whole amount at the date the Contract for Deed is signed and put into place, or after the CD is satisfied and deed is actually transf...
Nicole H.
Financing for NYC Rental Property
Asking for a friend. She has a residential brownstone in NYC (4 family) that needs renovations. They need 1M in financing. After renovated value approx 1.9 M. She would like to transfer the property into the LLC nam...