Jack B.
A reminder why buying for appreciation alone is dangerous
http://www.businessinsider.com/josh-altman-learned...The Altman brothers bought properties they couldn't afford but were making big money on, rolling the proceeds into bigger and bigger properties...until the market t...
Daniel Hemmings
I'm doing my first deal analysis and I have a couple questions
Hello BP world,
Im analyzing my first potential buy. the property is off-market 2 family home with a possible 3rd unit on top. The house wholesale price is 299k. Estimated rehab is between 140k-175k,ARV 470k-500k. I...
Scott Robinson
Can 1 owner force the other to sell?
I am working with an owner who wants to sell the house she and her deceased husband owned in Texas. Problem is her husband had 3 kids before they got married and they aren't letting her sell. There is an existing no...
Sandro DeAngelis
No 1031 exchange! Strategies to save on Capital Gains?
Hey everyone,I am selling a property that I will be making a good chunk of change on. I will be slapped with huge capital gains.....I DO NOT WANT TO DO A 1031 Exchange but want to either;1) Put it in some sort of ed...
Nicole Wood
Does late fee continue to accrue until late fee is paid?
Hello,So i stupidly broke rule #1 and rented to my sister. It's been nothing but a battle with her since day one!!! She has paid her rent late every month...this month she still hasn't paid it all and the last day to ...
Vincent Plant
NON REFUNDABLE RENTAL DEPOSIT. GOOD IDEA?
I am in the process of leasing out a rental unit. Its a low income neighborhood and the tenant had some financial hardships in the past which I have agreed to overlook in exchange for last month's rent up front (rathe...
N/A N/A
Wholesaling Questions!
Heya board!
First off let me say that this forum is great and I have learned a ton of information to get started. I hope you guys/gals show the same enthusiasm and share your knowledge.
A little background about me ...
Jason Brooks
How do I wholesale or rehab an MLS house without the cash in the bank?
I know the title sounds naïve, but bear with me on this one.
Does anyone have any advice on putting a house under contract that is listed on the MLS?
Should I be getting a pre-approval and making offers as an indi...
Alexis Dedrickson
Partnership gone bad
This problem is already being covered by a lawyer, but I want your experience and potential advice, comments, concerns...
A friend of mine found a great foreclosure. He paid $95k for it ($80k on a HML at 14%, the res...
Donna White
NEED HELP WITH A SITUATION!
Not sure whether to post this in Landlord or Real Estate Law. I am trying to put a house on contract and wholesale it out. Quick background: couple with 7 kids, 1 grandkid and mother-in-law all live in the same hous...