2 months ago congress women AOC rallied for a stay on evictions and rent forgiveness! Today I am shocked to learn President Trump wants to do just that. He plans to stay evictions until the end of this year for renter...
Is any one familiar with the NYS ERA Program? I have a Section 8 tenant that is behind on their portion of rent, approximately 2 months, and has applied for the NYS ERAP. The ERAP is an economic relief program to assi...
Hello, I just found BP and am pleased to be a part of this great resource. I have a few years of RE investing under my belt but there is always more to learn. I have a current seller who has agreed to sell me their pr...
Here's the the deal: I gave a $5000.00 loan to family member who need to finish rehab work on a flip. I had my attorney draft a contract for the loan and we agreed on 20% interest with the full amount of $6000 being d...
Hey BP fam,We have been house hacking for a year now everything has gone great it is my wife and I +3 daughters. As the market corrects i was saving up to grab another house to hack. Unfortunately my wife is not on th...
I have a question about how to best help a homeowner and maximize my profits as well. he has to pay 13000 as back payments. He owes 204000 on the house and he would be open to paying me rent with an option. I don't kn...
Hi all, I have started running this by some local San Diego attorneys but wanted to get feedback from group.
Situation:
1. Homeowner owns a duplex in Lemon Grove, CA. Non owner occcupied.
2. ...
They happen. What, evictions? Sometimes.If you’re a landlord, chances are you’ll have to file for an eviction at some point. I’d like to walk you through what you should do when filing for dispossessory so you won’t f...
I have a scenario where I have found a manufactured home on a permanent foundation in an area where you own the land & have a very small HOA to pay for water, pool, parks, rec room etc. It’s great for my family as...
Short Sales Plan closer to finalization
According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...