Sarah Johnson
Buyer's agent listed property for rent before closing
A day before we close, we found out that the buyer wanted an extension. We have been in closing for 6 weeks already and they are asking for another 2 weeks. We found out that 8 days ago the buyer's agent had listed ou...
Evan Loader
Preserving loss carry forward on K-1 for state income taxes
I think I've asked this question before, but now that I am a few years in I would like to see what others with a more experienced background think. Things have become more nuanced. I'm a passive LP investor in multifa...
William Davidson
Setting Up Legal Entites
Hi BP,
My brother and I lost our father a couple years back. He left us some amount of money, and we already have one deal in California that is bought outright. We are looking to invest in Arizona, since it is close...
Cam Smith
My mom and dad who I invest in real estate are getting a divorce best way to proceed to avoid capital gains?
Hello all, we own two rental properties in Nevada and a house in California with no mortgage. We inherited the house when my moms parents passed away back in 2008. My parents are getting a divorce and mom wants to ta...
Dan N.
Bank calling a loan due if I transfer to LLC and if interest rates rise
Today in episode 777, David said something very interesting (and frightening) about transferring a property that has a mortgage to an LLC.He said that if interest rates rise, banks can use certain clauses in the mortg...
N/A N/A
tax ID& incorporate?
I have a question, by the way im going to try flipping properties just have'nt gotton started.
My question is I live in massachusettes Im going to be flipping property in florida am I supposed to get a tax id number i...
Lucas LeBlanc
Home inspector messed up, possible insurance claim?
Hi everyone,We recently went under contract for a flip and are currently going through the inspection process. The chimney/fireplace inspection came back with major issues saying that it needs to be completely torn do...
Shaye Mora
Bypassing FHA 1-year owner-occupied requirement
I'm looking for tips on how to bypass the minimum 1-year requirement on an FHA Loan. I am currently house hacking a duplex I bought in March 2019 and just recently bought a SFH on June 1st. The duplex is under an FHA ...
Ben Durtschi
Aspiring Landlord. Wanna do business right, need tips.
Wow! Love this forum! I've wanted to invest in real estate for over a decade, but I never really had the stability to do it.
My family and I live in the Springfield, MO area. We've been renting out our prev...
Megan Greathouse
Making offers without an agent?
I'd love to hear from investors who make offers without using a real estate agent. Did you just find a basic offer contract that you fill out and submit? Any pitfalls to making offers without an agent?I have a real es...