Elaine Goepfert
PLEASE HELP...being foreclosed on because property is upside down
20 August 2024 | 81 replies
Don't fall for the trap that they blame you.True statement.
Brian J Allen
Boommates: A New Housing Trend for Older Adults
18 August 2024 | 2 replies
Many older people have equity trapped in their homes or have low mortgage rates that make selling and moving difficult.I think it’s wonderful that older adults have the option to share their homes.
Chris Seveney
If it’s too good to be true
19 August 2024 | 9 replies
I fell into the returns trap in the last market cycle and learned my lesson.This happened in every industry, and it seems as if they are reporting the real estate deals more.
Cooper B.
Clarification on Right of Redemption in Alabama
20 August 2024 | 50 replies
(a) Anyone entitled and desiring to redeem real estate under the provisions of this article must also pay or tender to the purchaser or his or her transferee the purchase price paid at the sale, with interest at the rate allowed to be charged on money judgments as set forth in Section 8-8-10 (as it is now or hereinafter may be amended), and all other lawful charges, also with interest as aforesaid; lawful charges are the following:(1) Permanent improvements as prescribed herein.(2) Taxes paid or assessed.(3) All insurance premiums paid or owed by the purchaser.(4) Any other valid lien or encumbrance paid or owned by such purchaser or his or her transferee or if the redeeming party is a judgment creditor or junior mortgagee or any transferee thereof, then all recorded judgments, recorded mortgages and recorded liens having a higher priority in existence at the time of sale which are revived under Section 6-5-248(c).If the redemption is made from a person who at the time of redemption owned the debt for which the property was sold, the redemptioner must also pay any balance due on the debt, with interest as aforesaid thereon to date.(5) Mortgagees of the purchaser, or their transferees, are considered transferees of the purchaser, and a party redeeming must pay all mortgages made by the purchaser or his or her transferee on the land to the extent of the purchase price.If the purchaser's mortgages do not exceed the amount of the purchase price, the balance must be paid to the purchaser.
Renee Williams
Pace Morby’s Gator Lending - yay or nay?
19 August 2024 | 42 replies
After researching further and talking to tons more people over the last few weeks, I am SO thankful I did not fall into this trap...
Diego L.
Dog urine smell
14 August 2024 | 8 replies
If you seal the concrete, then whatever's in it, including odor, will be trapped under the sealant.
James Mays
LLCs - Holding Companies - Scaling
15 August 2024 | 6 replies
Don't fall for the same trap as the countless bigger pockets forum posters who came before with similar posts over strategizing and over thinking entity formation.
Annie Balagot
Need STR marketing help please
15 August 2024 | 28 replies
You would have to seriously level up if you want to get out of the trap that bad operators have set with the pricing wars just to cover their expenses.
Ahmed Omran
STR Tips & Advice
13 August 2024 | 10 replies
We rented a STR in Hawaii and ended up buying rat traps because "that area is know for rodents".
Jason V.
Section 121 gains exclusion reported on what IRS forms if home was rental for 2 yrs??
13 August 2024 | 21 replies
I met all the qualifications in Section 121 itself, but this following bit from Publication 523 states that "ALL of the following [must be] true:"- You weren't using the space for business or rental property at the time you sold the property.Technically, no...