Greg Hammond
What fees are involved as the middle man in a wholesale deal?
As the middle man in a wholesale deal, what legal fees am I responsible for? Title search/closing etc. I have a signed sale agreement and notorized memorandum I am sending over to a closing attorney in the morning. I'...
Dan Koch
Angry at my agent on a short sale
So, do I have a right to be angry with my agent. I have worked many angles over the years in real estate. Right now I am in a fix and flip mode and have been looking for a certain type of deal which is relatively hard...
Zachary Taylor
Borrower has passed away
Here is the scoop:
BPO is $35KThe borrower has passed away and a relative is now living in the house. No payments have been made on the note since March 2016. City and County back-taxes amount to $1,110 and propert...
Joedocei Hill
Moving to Richmond...Trying to connect
Hello All,My name is Joedocei Hill and I will be moving to the Richmond area this summer. Before moving I am looking to lock in a multi-family unit. So for those who are in the area please reach out if you have any ad...
Ryan Whitcher
Getting Started in the Wholesaling world
Hi All!This is one of my first posts so bear with me...I currently live in Newport Beach, CA but am relocating back to Charlotte, NC here shortly in the next ~ 2 months for various reasons. I have been listening inten...
Bruce McKenty
Property West of Rochester, NY
Hello Everyone!I have been looking for my first house with an end goal to house hack (because of the lower down-payment) and have positive projected cash flow. I came across the following 4/3 & 1/1 duplex in Nort...
Connor Sell
Lawncare should be built into lease?
Hey everybody! We have a rental house in the Greenville, SC area and have had great track record with tenants this far, over the last five years. No major issues or damage. We are careful and we are fortunate.That sai...
Colin Caporal
STR Advice for House Hack
I plan to purchase my first rental property in North Dallas in the Spring of 2022 (April-May). I plan to house hack a single family home in a growing area/neighborhood in the town of Plano or Richardson. I have one pr...
Jerry Poon
How to place a property in trust?
I have a SFH that I would like to place into a trust. How would I go about that? Do I have to reach out to a lawyer or something? Or what kind of professional would handle that?
Any recommendations on who to reach ou...
Robert L.
Journal entry question for owner financed note
I sold a house with owner financing. Buyer put a down payment.I am carrying a note for the balance which buyer is making monthly payments. How would you record the journal entries for this type of transaction in cas...