Served the 7 day, no response. Tenant Failed to show up to court, default judgement was entered. Had to wait another 10 days, then court put 24 hour eviction notice on door. She has 24 hours before sheriff arranges "s...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
Hello, My partner and I have a property and we are coming to the end of of our expiration of 6 months. The property is already listed and on the market but might not make it to the closing table I know it’s not common...
Hey BP’ers!
Has any here ever dealt with this situation before?
I recently purchased two multi-family properties from the same seller in Monroe County, New York closing at different times and funded differently. On...
1.0 Introduction
Here is my small experience with a Harris County Tax Sale. Harris County is the county containing Houston, Texas. Since I could not find much about the actual process I figured others mig...
I have two applicants (they are friends) who want to move in with a nanny for one of the applicant's child. They love the place and we like them and think it will be a good fit. The issue is they don't feel comfort...
Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...
Hi,A few years ago I purchased a 7 unit building with seller carrying the mortgage with 2% interest for 3 years that ends with a balloon The price was $310,000 and I put down $30,000. I made a mistake of not getting a...
So I have a situation I don't know how to handle or who to speak to about it, but since it has to do with real estate, I thought BP would be a good place to start!
Here's the situation:
My sister-in-law...
Hi NY/NJ BP community, I hope you are all faring OK through these crazy times we're enduring.My business partner and I are stuck -- we have finished the rehab portion of our BRRRR strategy on a duplex in North Jersey ...