Is there a scenario that exists in which it is reasonable for a seller to refuse to share their Profit and Loss statement covering the most recent 12 month period for the property under contract? I think it is a deal ...
Dear members: This post is to warn you. Do not do business with an individual by the name "Trex Samson" or his company "Trex Samson LLC". If you see this individual around, he is a fraudulent lender. I had been workin...
This is a very basic question. I have never purchased a home before so I am not sure of the standard procedures or proper protocols. On a flip property for example, once you have an offer accepted do you then coord...
Hey guys, I have a dilemma. I am currently creating a new lease for my "section 8" tenant and her voucher is only for $900. I want the rents set to $1100 and she is willing to pay the $200 out of pocket each month. I ...
How has big data and new technology impacted the way that you invest in real estate?
So the title might be a little extreme, but this is our first go at this and aren't sure. We are supposed to close on our first flip tomorrow! It is a townhouse we bought at the courthouse and luckily the rehab was j...
Hello BP community!! I am in need of some Legal Strategy, Comments, or even follow up questions regarding this situation I am in. Unfortunately, my attorney is hitting a wall and doesn't know how to proceed.The homeo...
when do I sell and assign the contract to my buyer ? Is it after I do the home inspection and title report?
Oh man how I hate doing taxes! Although I must admit that as I learn more and more, it does get a bit less intimidating. I've got pretty slim chances of getting an audience with a CPA this week so I hope one of you ...
Hi Folks,
I am getting all my ducks lined up for starting my first flip. I have about 30k saved for my first project and I plan to utilize a hard money lender for purchasing the home. I don't feel 30k may potentially...