Chris Billington
Denver Colorado sell business or move in! Tax ramifications
We have a close family member who has a property in Denver, CO that has been a restaurant for over 20 years. The structure is an old house and the zoning in the area allows for a business or residential. The property ...
Jonathan Johnson
Have seller fire management, or fire after closing?
Not an easy question, don't mean to be mean.There are 4, maybe 5, people doing a poor job of what 2 people could do great.100-unit apartment, 30% vacant due only to management and poor marketing, the building is great...
Steve C.
Wholesaling help and answer
Hi everyone, looking for some help or advice on a possible wholesale going wrong...
Right now I have a seller who's looking to sell and a buyer already in the works... This happened so fast I really didn't have time...
Account Closed
506(b) exemption for an LLC (small deal)
Hi BP,I'm in the process of raising some equity for a commercial deal and I've been reading about securities law. I'm still getting my operating agreement together, but the general structure will be an LLC of which I ...
Sage Jankowitz
Negotiating with RE agents
I just received a lead from a burnt out landlord, but they have the property listed with a RE agent now for over 7 months. I'm looking to negotiate directly with the owner, but is this realistic? At the very least, ca...
Mark Nimchuk
What to do with tenant's stuff??
My tenant gave 30 days notice to be out of the apartment by 4/30/15. He hadn't been living in the apt full time for at least the last 4 months because he has been working out of town (which is the reason why he gave ...
Zachary Sales
Need advice on tenant vacancies
Hello.
I own a property in French Valley on the outskirts of Murrieta (Winchester). It was tenant occupied for 2 years. The tenants vacated the property on 5/31/24. It is now 6/21/24 and I am still going back and for...
John Worley
What is a Rehab Loan?
Oftentimes a subject of some debate is the reality of what is a renovation or “rehab” loan. Simply put, a rehab loan is a specialty loan program that allows the borrower to purchase a run-down home and to finance an a...
LeeAnn Doppel
property abandonment?
Hi,New here and loving this forum. Here's what's going on for me. I rented my Utah condo in January 2014, a one year lease. Never paid on time, always excuses, but he'd finally pay. Sept's rent never came, and again ...
Hugo Arce Hodgson
VA Lending Practices
Hello BP, I have a question with regards to a scenario that I am facing with my VA loans. I'll provide some background info. I am currently working as an overseas contractor after finishing active duty I stil...