Justin Escajeda
Mobile Home Park Possible Purchase Assistance Needed
Hello Community, my partner and I have been working on a MHP deal for a a couple weeks now and would like any advice anyone has on it.
-asking $350k (which is negotiable)
-22 spots (with expansion possi...
Mark Albini
Building low cost, section 8 shipping container homes
This is an idea I've been throwing around a lot lately. There is a lot of development going on in my city and it is is all being pushed north. I've been thinking of purchasing a lot to build a 3 unit building made out...
Bob Malecki
Question on short sale offer on note going to auction in a week
We have a first position note on a SFR in the Seattle area which is going to auction on 11/4. There is no subordinate debt or liens on the property and there is equity. The borrowers still occupy it and have it listed...
Brian Kempler
How to create a lien as an optionee
I am looking into a method for cashing out as the (middle) investor in a sandwich lease option. It was discussed on this forum that you could record a lien on the property as an optionee. The lien amount is the spread...
Shelly Glennon
Long term tenant (40+ yrs) newly negotiated lease asking Landlord to pay commission
Family holds a light industrial property that has been leased to the same large utility company since the 80s and has never had a commission associated with the lease. The lease was coming due and as part of renegoti...
Jeremie Cortez
Self managing for the first time.
Hi all! I am newer to BP and this is my first time posting. I am closing escrow on a duplex in Oak Park next week and I plan on self managing. This will be my first time managing. I know California has lots of laws an...
Victoria E.
Seeking advice on Seller finance terms
Hello, I am seeking advice as I am new to seller financing. I want to understand how to structure the finance terms.if for example the house is on the market for $200K1. how much do i ask for down payment2 going in...
Rohan D.
W2 and a General Partner in Syndication- Can I take my K1 loss to offset W2 Income?
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above incom...
Michinori Kaneko
Need some info on Group Home (potentially looking in Indiana)
Hi,Does anyone have experience with converting (or rather renting out) their SFH as a group home? I have a SFH i'm looking at, and looking at different investment option for it. It's a good investment just as a SFH, ...
Tamara V.
Is this contractor licensed?
Hello BP community,I recently connected with a contractor and when I asked if he was licensed and insured as a GC in DC this was his response:Yes we are. In Dc we work as partners with "XYZ Company" (I removed the nam...