Stacy Davis
Known Lead Issue In NH
I was wondering if I could get some help. Found a 3 family property in Concord, NH. Just before we were going to put in an offer we were told there was a known lead issue from back in 1999. We now hesitate to put an o...
Karen Polis
Salvaging bad flip (defaulted loan/taxes overdue)
Seeking ADVICE / Property is in Norristown, PAI lent money to somebody (a land trust) for a fix and flip. Unfortunately, I did not do my homework beforehand, otherwise I would have realized there are 4 other investors...
Terry Hollinsworth
Contractor wants to take most of insurance money to replace roof
Contractor agreed to replace my roof if insurance would pay for damages. He came to my door offering his service. To my surprise the insurance company agreed to pay $21,000 for damages. Our contractor quoted us $20,00...
Eddie Gonzalez
How to evaluate a fully operating business for sale?
Restaurant & Hookah place on the works to putting under contract. I have a list of potential buyers but they want to know the liquids, cash flow and a run down of numbers. I’ve never done it before so looking for ...
Adam Collopy
How do I assign my rental under my newly created LLC?
Sorry for firing off another post so soon, but I'm getting great advice and extremely happy I just found this forum.
I created my LLC. Now what is needed to get my rental property to fall under this LLC and not just ...
Jeff Caravalho
Would you fund this note?
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
Ezra Henderson
Craziest idea ever… somebody tell me I’m stupid.
Hey BP, I think I might have just had the craziest idea ever, and I need somebody to smack some sense into me and tell me it isn’t possible. But if it is possible, then it would be amazing.
So not too long ago I p...
Patrick Philip
Does it make sense to stay with wholesaling permanently?
Many people want to use wholesaling as a stepping stone onto "larger" things like rehabs and SFH rentals or commercial rentals.I have heard that an average rehab profits $18,000 and takes 4 months. That is $4,500/mont...
Jacob Stark
Renter offering 12 months up front
We just started marketing a rental in the Dallas area and one potential renter has offered us 12 months rent up front. We're thinking this is a no-brainer to take (assuming renter passes credit/background checks) but...
Steve Sdre
getting out of lease problem
This is the problem. I rented an apt, signed a one year lease. Due to death in family had to leave after 5 months. Offered the landlord to pay an extra 2 month rent to let me out of lease, they refused. They said only...