Joe Gee
Working with Realtors on Payouts
Hello BP,
So I've been researching this topic on working with realtors on wholesale deals. If your the wholesaler, and a realtor (investor friendly) finds you a buyer, what do you pay them? Is it a flat fee...
Bill D.
LLC, S Corp or C Corp, for a large multifamily with two investors in different states?
What would be the best way to minimize taxes and keep things simple for two investors, one in Ohio and one in Chicago. The property is in Chicago. 50 units, profits should exceed depreciation in a year or two. One ...
Jhansi B.
Tenant vacated property without notice
My friend rented his place a month ago with an agreement that the tenant will pay the security deposit over 6 months. Tenant moved in with first months rent and the rent was due for this month yesterday plus part of s...
Tom Donnelly
Landlocked Commercial Lot
Hello Everyone,Here is an interesting situation. Under Florida law, it seems that a landlocked parcel can force an access easement through an adjacent lot if 1. There was unity of title at some point, OR 2. If there w...
Victoria C.
Selling My Multi-Family Primary Residence
Hi Fellow Investors,
I have a friend here in the state of Washington interested in selling their 4plex that they’ve lived in for almost 3 years. What is the best way for them to go about selling this property and wi...
Shawn Tompke
Flipping mobile homes
Hey I'm a newbie starting out in Yelm, WA. I have been learning for a bit now and trying to get my hands dirty finally doing something.
Currently living in my in laws mobile home park and I'm looking at what the poss...
Keith Martin
Lebanon - Whitestown
Hello! I have been looking at sub-markets around the Indianapolis area (within 20 miles or so). I was hoping to get some insights into the Lebanon and Whitestown areas as far as the economics/demographics. They loo...
Kevin Muns
Percentage of my wealth in first purchase.
I have been researching and looking, and am finally feeling comfortable enough to pull the trigger on some properties. I have about 200K in wealth to my name. How much would you suggest investing in my first 2 units? ...
Mindy Jensen
Scott Trench AND Josh Dorkin quoted in CNBC househack article!
Check out this article CNBC posted today quoting our Director of Operations, Scott Trench and CEO Josh Dorkin about House Hacking. Read it here: http://www.cnbc.com/2016/05/20/gateway-to-real-estate-house-hacking.html
Pearly Tan
Cash-out refi rules for non-owner occupied properties
I heard on a podcast (not BP) that you will not be able to cash-out refi on any non-owner occupied properties once you hit 5. I believe she said this was with conventional loans. I can't seem to find any bank guidelin...