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All Forum Posts by: Anthony Bonaiuto

Anthony Bonaiuto has started 1 posts and replied 18 times.

Post: Finished my new well . Saved a Bundle

Anthony BonaiutoPosted
  • Investor
  • Cleveland, OH
  • Posts 19
  • Votes 6
Yesss! Thatโ€™s a lot of savings for two days! Totally worth it. That shopvac and string trick is new to me, so thanks for the tip!

Post: I Finally Divorced My Poor Dad!

Anthony BonaiutoPosted
  • Investor
  • Cleveland, OH
  • Posts 19
  • Votes 6
Great to have you man! Iโ€™m sure your background and experience will definitely be an asset in your future real estate endeavors. Just wanted to stop by and show some support! ๐Ÿ‘๐Ÿผ๐Ÿ‘๐Ÿผ๐Ÿ‘๐Ÿผ
Way to push through! Congrats!

So do you post a link to the Google form directly in the ad for the unit? That way they can see the ad, then scroll down and click the link for the "Pre-Approval Application". To me that seems to be the easiest, most hands-off method, but there might be something I'm missing..

Wow this is truly awesome! Thank you for sharing! I will definitely be implementing and fine tuning this for my next turnover. I do have a more serious question, and please don't take this the wrong way.. Could immediately kicking the applicant out of the questionnaire when they say "Yes" to eviction history or smoking be considered discrimination? I'm not saying it is in any way, just looking for some clarification on the laws as I'm relatively new to REI. Thanks in advance to anyone who wants to throw in their two cents!!
@felipeperiera This is awesome! Definitely a game changer! Would you mind if I PM you with any questions? I'd like to have this up and running for my next turnover!! Thanks again!

Post: Vacant, $49k in back taxes owed.. Subject-to?

Anthony BonaiutoPosted
  • Investor
  • Cleveland, OH
  • Posts 19
  • Votes 6
Thanks for all the input everyone! I'm going to mail them a letter and see if they're even interested in selling, and then take it from there. If i do move forward I'll make them a small cash offer and assume the taxes. I don't want to pay any more than 60k total including taxes. If it doesn't work then at least I learned a few things for my next deal! Thanks again guys!

Post: Vacant, $49k in back taxes owed.. Subject-to?

Anthony BonaiutoPosted
  • Investor
  • Cleveland, OH
  • Posts 19
  • Votes 6
Hello fellow BP members! My name is Anthony, I'm new around here. I've enjoyed reading a lot of the articles and the podcasts are amazing! I currently own a Triplex property in Cleveland, and I'm looking for another property to purchase. There is a house on a nice street that has been vacant for a few years, so I looked it up and found out the owners owe $49k in back property taxes. I'm not sure if they've kept up with the mortgage, because it's not in pre-foreclosure as far as I can tell. Seems like it has potential to be a subject-to deal.. I've never done a subject-to, however I'm familiar with the process. Has anybody purchased a property with that much owed in taxes? I'm sure the county will negotiate in the amount owed, as something is always better than nothing. Who would be responsible for paying the back taxes owed? Basically I'm not exactly sure where to start on this, or if its even a feasible deal for a new investor like myself. If it makes sense financially then most likely I'll send a letter to the owners and see if they're interested in being relieved of their burden. If I end up getting the property I'd like to hold and lease it, or potentially do a lease option.. I'll be sure to do my homework and have a through title search in case there are other liens on it as well. This would be my second property so any and all advice is greatly appreciated!! Thanks in advance! Anthony