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Under contract to buy a home that needs to be completely torn down. I was planning on building the home in the traditional stick built style in my budget but am wondering if doing prefab may save some money/have other...
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Today I listened to (and very much enjoyed) Podcast #70 today which focused on buying properties "subject to".One aspect that I feel unclear about: How can a property be sold without satisfying the existing mortgage D...
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BP Team, Seems like there is a lot of interest in other posts regarding whether it is necessary/wise to have an holding LLC in addition to individual LLCs that own property. I found a lot of mixed opinions and felt be...
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I am looking to owner finance my investment property I have out of state. The buyer and I have agreed on terms. Property is in Oklahoma I plan on contacting a local title company to see if they can help or know of a r...
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I'm under contract for a Homepath house that I was going to flip. I've done 18 flips. In the past I've taken the "free" title work and title insurance offered by the seller (Fannie Mae). I thought that title insura...
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I have been doing my taxes this year and I came to this realization, currently I only own investments that I self manage, not a property management business. Right now I own a LLC for holding assets and a separate LLC...
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Hi GuysSo I heard on a podcast today about a home warranty, in this specific case he was paying $500 a year per property and he claimed on a plumbing job which would have cost $3,800 (there was a leak in the walls) an...
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When I built my current rentals I spent a fair amount of extra money to run separate water services with water company meters. The idea is to get the tenants to pay for their own water thereby eliminating that fixed c...
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Hello everyone;
I am wondering if anyone has used a hard money loan to rehab a property they gained in a tax lien sale. Many tax lien properties need a lot of work. In the Baltimore area, where I am looking,...
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Hi, I'm trying my BEST here to do my own accounting for the most part.Currently I have an S -corp established for my fix and flips and an LLC for my long term holds.Most of my business funds are in my S - Corp bank ac...