Jeff Helm
Land Contract - Minimize Risk for Due on Sales Clause?
Hi BG folks, I was hoping you could help me out with this situation.I have a seller who would like to sell me his house on LC, with $9K down payment. We both want to do this so that in 6 months I can cash-out refinan...
Mike R.
Codes/ Up to Code/ Older Home (Grandfathered)
Looking to buy a 2nd vacation home in Big Bear California and got the winning bid on one. A few problems though, since it's an older home (built in 1951) the stairs are not quite up to code (7" wide and a bit steep go...
Joe Wood
Section 179 on passenger vehicle
Hey everyone,Stumbled across section 179 while looking for ways to increase my deductions. Anyone familiar with this? My wife and I bought a Ford Edge which is in our names, not the LLC. Will we be able to expense par...
Romane Daley
Need!! help making a decision
My sister is selling her house to me; however, we want to do a mortgage transfer since she currently has a 2.5% interest rate, but the bank will only pay what is owed on the current mortgage. The equity she wants is $...
Les Goss
Three Documents You Should Have When You Buy Notes
I just posted a new blog on this topic. I hope you find it useful...https://www.biggerpockets.com/blogs/7697/50523-thr...
Adam Lewis
Clarifying Question--"Cash Buyer"
Hey BP! Quick clarifying question for a new investor coming closer to making the leap into marketing to find deals (postcards, yellow letters, etc). When you find an off market deal and say you will buy the house for ...
Jay Griggs
23 Year old --- career advice seeking
Hello Everyone!I am new to the community. I'm 23 years old, and I currently work a corporate job. Recently, my father passed away, and I don't know if I should stick in my corporate job or help my mom manage my dad's ...
Paul Wirth
Buying a property management business
I need some advise as to how much to pay for a small property management business. The owner charges an average of 7% of gross rent and 50% for lease up. I've been told to buy the accounts and not the business for lia...
Daniel Campbell
Broker or No Broker - That is the Question
Good morning Bigger Pockets! I’m wondering if some of you seasoned investors can put me on the right track before I spend money confirming this business plan with the appropriate legal professionals. i have a seller w...
Chris Vasquez
Active vs Pending vs Closed
General concensus.
The investor side of my brain wants to make a couple of offers. HUD, REO etc.
The Realtor side of my brain keeps me held back.
I'm finding many Actives in the same area as the subject property. Unf...