Scott Garrels
Starting an LLC - who you gonna call?
I have heard it is best to purchase properties through an LLC. Some quick searching suggests setting this up in Wyoming or Nevada is a good idea. Is this true and if so, who are good folks to call in order to get st...
Kurt Maule
Steps to Wholetail as a Real Estate Agent
Hello BP family, can anyone list and describe the steps to wholetail a deal. Essentially there are some deals that are found from my peers that are move-in ready and would be good to present on the MLS for conventiona...
Daniel Dietz
Conventional Loans & Partners - "Rules" and how it works?
Hello All, My partners and I have grown to 30 rental units in our local area and things are going very well, thanks in a large part to what we have learned here on BP. So far we have used almost all Portfolio Loans du...
Mike M.
dealing with contractors
Looking for advice on how to deal with my handyman/contractor. He is good at bringing me inside info on deals in my market. He is doing this in hopes that I will have him do the rehabs. Problem has been the quality ...
Michael G.
Will lenders entertain a short sale if the homeowner is not behind on payments?
A seller called me saying she can't afford to pay for her primary residence anymore. She has a 1st with Chase and a 2nd with GMAC for a total of 450K. She'd be lucky to get 350K in this market. She's trying to determi...
Matthew J. T.
How do I make Assignment of Contract?
I've watched videos, and read how you basically want to put it together, and what you would need. but how exactly would it look like? I'm not understanding how long it would have to be, or what you would need to have ...
Jim Smith
Two Families on One Deed?
Hello all...new to the board, and hoping for some help.
My wife, two sons and I all live in a townhome in Maryland. We are starting to burst at the seams and would like to move to more property. My sister-in-law ow...
Rich Weese
If you DON'T get all warm and fuzzy when you pay income taxes---
I've tried to post this as a reply etc and it doesn't show up, so I'm trying it from new perspective!! I think it is worthwhile.
I promised my wife I'd work with her and be available to help with the income taxes ...
Brittany L.
What would you offer on this note?
Hello all!
I am looking at my first note purchase and am not sure how to determine a reasonable offer. Here are the details I have on the note:
$29,900 Sales Price of property when note originated
$ 1,500 Down Payme...
Mary R.
culverts
If someone told you the "Topography: Cleared/Pasture Land, Heavy Woods, Woods Natural State, Gently-Rolling, Level Lot" needed at least 12 culverts buried before you could use it, what would your thoughts be?
That so...