Joe Trinsey
Analyzing a HUD Listing
I got a new MLS listing passed on to me by my agent. There's some things I recognize and some things I don't. I thought it might be informative to parse out some listing information. I'd imagine some people might have...
Todd Young
Help my 17 YO son buy a rental
Hello investors, I have a question about how to help my son purchase his first property. He is very ambitious and has watched how real estate investing has allowed me to become financially independent. He's hooked and...
Sydnie E.
What's the difference between investment financing and hard money lending?
Is there a difference between hard money lending and investment financing? What are the advantages and disadvantages of the two?
Matt Smith
Partial 1031 exchange
Can I do a partial 1031 exchange?For example, I had $300K from the proceeds of the sale, and I want to reinvest only $200K in a new property. Does it mean I can still transfer $200K to the new property and be taxes on...
Derek Gardner
Seeking help - started 1031 exchange now want to hire consultant / QI
OK, so I recently sold a local rental property and just went into escrow to buy a replacement. My friend convinced me to use him as a QI as he's done it before over the years and it would save me money. I'm second gue...
Dale Loo
Late Rent because of errors on check
Hello,My tenant is upset because I am charging him a late fee because his check had an error on it and the bank would not cash it with that error. He says he should not be assessed a late fee because he sent me the ch...
Charles Kimber
GOOD DEAL OR BAD DEAL WHOLESALE
I have being going back and forth with this property owner for 2 weeks now he is looking to sale for 250,000 which is occupied by a tenant. The amount that he wants to sale for is not realistic his tenant is paying 13...
Daniel M.
Non-performing note exit strategy
After reading several books about note investing and attending some local REO networking events, I’m still not clear about the exit strategy when purchasing non-performing notes.Let’s say there is an offer by a hedge ...
Dominic Lucarelli
Calculating Retail Rents in a Mixed Use Commercial Unit
Hello fellow BP members!I've been in discussions with an owner of a Mixed Use Commercial Unit (3 small storefronts, 2 apartments upstairs) in White Oak, PA. I'm very interested in it (either as a buy or NNN lease), bu...
Mike Flora
Bringing a loan current fee
I tried asking yesterday about this and I think I was too confusing in how I asked.So if my seller is behind on there mortgage payments and I'm covering all closing costs for them, I'm assuming that when I pay the loa...