I read somewhere that people can put together elaborate real estate deals with investors or regular people with money to spend in order to purchase the property and finance the renovation. But the catch is the money t...
I purchased a property with a tenant at the end of 2016. At the time of closing the selling price was decreased by the total of the security deposit and last month payment. I didn't get money personally by paid less ...
Hello everyone...I would like some of your personal thoughts on a situation i am currently facing.I have a rental property that is currently grossing about $3600 annually. I have over $100k in equity, but still have a...
Hello everyone!I would like to take an equity line out on my rental house to fund a down payment on another property. I still have a balance on the first loan, but there is a ton of equity in the house. My only inco...
I have two sellers highly motivated to get rid of their properties. Both sellers have not made payments on their respective properties for a few years and owe the banks more than they are worth. One owner is current...
Hi all,Is it possible to do a 1031 exchange of a personally owned property and move it into a property owned by an LLC as part of a partnership? In reading other 1031 questions regarding LLCs, I see some drawbacks but...
Does it makes since to buy a rental property that has high taxes?
Cash flow is about 250 to 300 a month after expenses. I am worried my cash flow could go away do to my taxes increasing with interest rated being high!
In this article, an attorney presents a template for a California Personal Guaranty... https://www.stimmel-law.com/en...It seems to address 2 of my top 3 concerns... 1. The Guarantor has an ownership or family inter...
Hi BPers,
My first deal was a partnership. After talking to a seasoned investor,and wise older man, he said I should outline responsibilities of each partner, especially financially and both of us should sig...
BP,
Got a quick little conundrum here for ya.
So I have a handful of D4D leads that I am running through the county assessor's WS. Seeing what kind of info I can find on them. Correct me if I'm wrong but the only w...