Travis Lauchman
Sample Probate Letter to Executor
Hi All,
I have learned a TON from the BP community and am very thankful for the creators, moderators, and members that make this all possible. As a small token of my gratitude and first opportunity to contri...
Tom Horan
Seeking Advice: I'm renting a house I want to buy
Hi All - I'm not new to BP, but I am finally jumping into the discussion threads looking for some advice on making an offer on a property. Trying to get a deal under my belt. Thanks in advance for any helpful feedback...
Bob Beach
Seller Financing. Good idea?
We're selling a few houses in Memphis, and we have interest (letter of intent), on one house that's requesting, "Seller Finance". They're offering a few thousand more than asking and will also pay agent fees. Our agen...
Mas Yoshida
Growth Strategy and Self Directed IRA Rules
Hello fellow BPers!I'm a newbie investor who has been looking for my first buy and hold property for the past couple months. As I continue my search for the first rental, I am debating my overall strategy on how I sho...
Michael Kiley
Tenant Screening: Is it their prior landlord or best friend?
You just received an application for your rental. You call the prior landlord and find out your applicant was their best tenant ever and always paid rent early! Things are looking up! But how do you know that this is ...
Eliel Martinez
I can't find a deal 1% rule, 0.7% max buying conventional
I want to start with my first deal out of state, but I've been looking a lot of houses and neighborhoods but the ones I qualified with a conventional loan has to be livable, so I can't buy something that I can gain eq...
Mehran K.
RealtyTrac - Banked owned but not for sale?
Hi everyone and Happy Thanksgiving!
I was browsing Banked owned REO's on realtytrac and I noticed some are listed as "For Sale" but MOST are not.
Am I still able to make offers on the ones that are not for sale? Does...
Aaron Moayed
Tax Questions - Building Spreadsheet
I'm building a spreadsheet, and I'm stuck on a part I'm not quite sure on:
Basically, I'm asking if dividend recapture amount is realized only if there's a gain on sale, and if it's dollar for dollar (e.g., $1,000 i...
Evan Myers
Did I offer too much?
3 bed 2 bath 2 car detaced garage 1674sf
Listed as REO on 8/11/11 @ $64k
Reduced after 120 days @ $59k
Reduced after 365 days @ $45k
Comps in area selling between $42 - 88k
Offer...
Tara Piantanida-Kelly
Sell or lease option? Seller finance? Something else?
What advice would you give? My sister and her husband are in the enviable position of being able to retire early, move onto their sailboat, and float around the Caribbean until they choose to do something else. Or...