Michael Liddicoat
How to purchase a portfolio and avoid tax penalties
I'm a realtor who helps investors to purchase income properties. One of my clients is looking to purchase the entire portfolio (51 doors) from a seller. The seller is looking to avoid paying a large chunk in taxes. ...
Joe Donlevy
Property Tax Calculation in Oakland co
I am looking at buying a sfh rental in Oakland County and trying to calculate the proforma property taxea as an investor. If I use the calculator on the state website https://treas-secure.state.mi....If the ourchase p...
Gerald Thompson
Realtor Question
OK... I need some advice. I have a property that is listed by a realtor. No more than a week into the contract, I get a potential lease option deal on the same house in which the realtor is not aware of at this poin...
Account Closed
Advice to set up Seller Financed deal
Hey guys,I have a property lined up that seems to be a pretty good option for seller financing. The owner owns the property outright. It is a 4 unit apartment building, all four 1bd/1ba. Anyways, the reason I got inte...
Hal Cranmer
Probate Lawyers
On Friday I went down to our courthouse and started to look up probate leads. As I was standing at the booth talking to the clerk, a lawyer got in line behind me. He overheard my conversation with the clerk and aske...
Mary Ann Rocco
Is it possible to offer on REO before it hits the MLS?
I'm a first time home buyer in California that found her dream home. It was a short sale with 2 loans. Very long story short, I don't think this is going to happen. I think it's going to forclose. The 1st is held by ...
Tim G.
Washington Issues plea to the public for ideas on how to get rid of houses
http://www.msnbc.msn.com/id/44375023/ns/business-us_business/
So BP members, what are your thoughts??? :mrgreen:
Michael Soriano
Help need bank to drop promissory note for short sale!
Hello Group,
I have a short sale that was approved, however the bank (via pmi) is asking the home owner to sign a promissory note of $50k. The negotiator told me that we have 2 choices either the seller signs the ...
Jordan Atkin
SLC Market Change
The market is changing. Are you? Here in Salt Lake Lake City the market is slowing significantly. Is this the same slowing down that we experienced last year at this time or is it something bigger? SLC hit its peak in...
Pablo Martes
Vacation homes for rentals
Hi, I am interesting in investing in a vacation home in fortlaudedale Florida, mi intention is to rent it in high seasons and enjoy it in slow seasons market rental. I currently own a condo in Orlando with not mortgag...