Matthew Paul
Make sure you have the Tenants Social security number
With all this talk of not paying rent and no evictions the landlord does still have a card to play . A debt forgiven is considered taxable income to the tenant . ( as far as writing it off for the landlord others may ...
Michele Z.
Account organization when first starting out
Hello BPers!Quick question. Looking to purchase our first property by April/May of this year. Assuming it's bet to make sure that funds for REI don't co-mingle with private funds from the get go, but I also feel it's ...
Cordell M.
Learning in Lancaster, PA
My name is Cordell, I live in Lancaster County, PA and have an interest in long term buy and hold. Part of a small LLC with my dad who can fix about anything and my brother who's a CPA. I bought my duplex a few year...
Shawn Mcenteer
My situation
I have found a property that can be flipped for a nice profit. My problem is getting the mortgage to purchase the property. My wife and I just purchased our first property in July because of this we do not have ...
Westin Hudnall
Organizational Advice Wanted
Hello Bigger Pockets World :)I need "big picture" organizational help implementing systems for my business.Here's my business back story:Started an LLC with my Wife and I (50%) and 1 other business partner(50%) in Dec...
Eric Miller
Who Typically Pays the Transfer Taxes?
Hi All,I've been going back and forth with negotiations for a lease option and I was wondering if anyone can shed light on who customarily pays for transfer taxes when a home is being sold (through lease option if tha...
Ryan Byrne
Hello from a New Member in Orange County, CA
Hello everyone,
I'd like to introduce myself. I found this site while doing some due diligence on a real estate brokerage firm and discovered this hidden (to me anyway) gem of real estate investing informati...
Faiz Khan
Need help
I need your advice. I have a motivated seller who has a house that he wants to get rid of in California because he lives in Vegas. I have gotten him down to 140K, comps in the area are 150 to 160k. I need to kno...
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Can someone give me a helping hand???
I'm a newbie and have prequalified financing via E-LOAN,
(up too 150,000) which because I'm an investor they are asking 10% down plus closing costs. I haven't located the exact property yet however, I am looking for ...
Account Closed
REO question
How do banks typically list their properties? i.e. do they have inhouse realtors with access to the MLS?