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Ok. I understand the concept and believe notes are for me. Can you tell me What agreements/contracts are needed to buy a note and sell a note?
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My fellow BPers…QUESTION: What are the benefits of using a real estate agent to secure the purchase of a piece of land with no existing structures?I am looking to build a steel building/garage/workshop in south Florid...
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I lease an apartment in DC and have been smoking in my bathroom for the last couple months because it started to get very cold outside. One day I was served a letter saying i had to appear to a board meeting. The lett...
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I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and othe...
I have a tenant who hasn't paid her rent for several months. She is on an 8-month lease. Originally in the lease, it stated that she would put the utilities in her name and pay, however, she asked if she could reimb...
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Hi all. I just finished listening to J Scott's second interview and he was talking about the problems he experienced while doing a spec build at a distance. he mentioned that he didn't have any problems which would si...
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I've been a realtor in Wichita, KS for just over a year. I consider myself green, but not "new," to investing. We bought one rental for 30k cash in 2011 and sold it this year for 53k. Rented for 600-650/mo while we ...
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I purchased my first "investment" SFH a little over a year ago for $435k in a A-list neighborhood in Central Texas. Due to property taxes, insurance, etc my mortgage is $4,200/month. However, according to my comps hou...
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I'm closing on my first investment property next week and am having 2nd thoughts about my strategy moving forward. I was planning to use this property as a rental but am considering flipping it instead. I took out a c...
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Hey Fellas and Ladies,
I'm working on an article about lease options and I'm not the pro at these, so I'm wondering:
If you do a lease option on a property, and the furnace goes out, there is...