Austin Nelson
Percentage in exchange for labor
Hello, I'm in the process of buying my first flip. I work for a property management company so contractors are easy to come by. One of my employees does very good work and I want to approach him about doing the labor ...
Clay Manship
Rehabbing a Property That Already Has Tenants...? Help!
I am purchasing a 4-plex that already has 2/4 units occupied. However, I will be spending upwards of $75K to completely rehab the place and bring in a new clientele and rent level. Does anyone have experience doing th...
Anna Sam
Buying Liability insurance along with property insurance.. Question
I am currently buying Liability insurance along with property insurance when I buy a new property. I also have a general liability policy for my business too. I own a few properties within the LLC.
If I skip the Liab...
Steven Burrows
Do no income verification loans still exsist?
I was let go due to downsizing after 17 years with the same company. While working as IT analyst for 17 I did home improvement on the side and have a number of kitchens, bathrooms, basements, and other improvement pro...
Ian K.
Purchase as investment then use as primary
Hey BPIf you purchase an investment property that you actually want to use as a primary once the lease is up what are the tax implications? The situation is that the home is under a lease for a remaining 6 months (as...
Pratish Halady
How to handle leased solar system on rental property?
Hi Everyone,
We are looking to buy a property for rental and it's great except the seller obtained a solar panel from Solar City (SC) through a lease. The seller discounted the price of house a bit but asked us to tr...
Dan Welch
Double Close/Funding
Hey Folks, I am looking to do some wholesale investing in Texas and I'm a total NEWB. If I double close and the buyer(C) is coming to closing the same day, would I be responsible for funding the part A-B transaction (...
Lueann Curney
Newbie Stumped on Promissory Note
I am using a loan from a friend to help fund our first deal but we don't have a specific property under contract as yet. How do you structure the promissory note when you need to secure the lender's interest with the...
Willie Banks
What Type Of Contract Will I Use For Vacant Property Owner
I plan to wholesale Property under contract with abandoned property owner So, should I use an assignment contract and do a double close
Joe Scheffold
Legal Aspects of Student Rentals
Hi all,I am looking at getting into student rentals in a familiar college town to start off my investment career. I have been looking around but am having trouble finding some info regarding the legal aspects of stude...