I found a HUD I wouldn't mind living in after doing a complete rehab. Does anyone have experience with bidding in the OO period? Will they accept lower than asking prices, or just wait until the invested period hopin...
I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
Helloi am in the process of evaluating my first multi family deal. I have been speaking to potential lenders all of last week. Today i just finished looking at the property and id like to make an offer. The sellers su...
I'm a wholesaler but want to get deeper into this situation before passing along to a buyer: Mom died June 2012 (last payment made). daughter is the heir. Records don't show foreclosure so "mom's" name is still on dee...
Good morning all.Recently I came across a property in town that has a weatherization sticker in the window. I went to the town records and found the taxes are being paid by Bank of America. After going to B of A's RE...
Hello! I am an active duty service member who has been listening to the bigger pockets podcast for about a year. In 3 months, I am separating from the military and am eager to start investing in real estate. My goal i...
Hello BP folks. My wife and I bought our first home in 2005 for 131k. In 2014 we moved out of it and it’s been a rental since. If we sell it today for 275k, would we be hit for capital gains and income tax for the dif...
Hey BP!I am in the middle of my first BRRRR deal, and I think I’ve found a very low risk cosmetic flip in a nice high end suburb. Very low average days on market, definitely a desirable area to live, A to A- area. My ...
Hi everybody,I have been using yellow letters dot com for my marketing needs (yellow letters) so far. I am reaching out to all my Houston investors to know what you guys are using (large companies or local alternative...
We are in the process of closing on a house that we are going to make a short-term vacation rental. This is our first rental property of any kind. Since this is only a single STR, we were weighing the option to self...