Hello all,To take some cash out of my proceeds at closing would be very helpful in paying off some debts. This is a 1031 Exchange.Is it possible to take $10k and pay the tax due on that amount?
Hello BP world!I've been listening to the podcasts and analyzing properties in the area close to my office in Houston in the Westchase area (northwest of the Southwest Freeway and Beltway 8 intersection). I am current...
Hey BP just wanted to get some opinions on an offer I received for marketing services. Basically the company sells leads to you that are received from there direct marketing. The way it was explained, the large bene...
Hello fellow investors,I recently listed my property on Zillow as FOR SALE BY OWNER. Within days, I received several calls and emails with offers to buy under PURCHASE CONTRACT AND ESCROW INSTRUCTIONS. They sent me a ...
Hello BiggerPockets community!Does anyone have any tips in regards to negotiating favorable terms in a deal?
Under what event can the city settle taxes?For example, a lot was listed , I made the offer, contract executed, and right now I have it under contract for $7000 and the owner owes $5000 in taxes.. Currently the title ...
Hi all, I am a newbie and I know just enough to get myself in trouble. I just won a bid on a property from Ashland Auctions in Baltimore and not sure what to do next during the due diligence stage since it is current...
I'm buying my first duplex and we are closing on January 1st. We are inheriting a long-time tenant (I've read many posts about the ups and downs of inherited tenants). This tenant moved from side A (where he's lived...
I came across a Craigslist ad for a house for sale in my farm area. I sent an email and the 'seller' replied with information on how to access the property. I went and took a look, and a day or so later, the 'seller'...
We are currently in negotiations to buy a house and extra lot in Chicago. The sellers - for various reasons - need to have the house and extra lot as two separate contracts/sales. Our mortgage company has stated tha...