Cooper B.
Clarification on Right of Redemption in Alabama
I'm hoping someone can help provide some clarity to me regarding the right of redemption law in Alabama.Say a property is foreclosed and sold back to the bank on the courthouse steps. The bank turns around and sells ...
Stephen S.
How can I un-own a property ?
I own an now long since abandoned house in NJ. There was no mortgage but the taxes and W/S bills now far exceed any possible value of the property. The town used to clean up the property and then put a lien on the p...
Caleb Rigby
2nd Utah flip - profited $22k!
Another one bites the dust! We closed yesterday and have officially sold off our 2nd baby, aka our 2nd flip. This project wasn’t nearly as extensive as our 1st, but it was very fulfilling and still learned a ton. This...
Joseph Janarski
Being Sued for backing out of a Deal - What am I liable for?
*Disclosure I am speaking to an attorney on the matter this week, but wanted to share and see if anyone has had a similar experience or knowledge in this matter?So unfortunately my contractor was late in getting me a ...
Kaylee Walterbach
Did you make any rookie mistakes? (Plus, NEW BOOK!)
First-Time Home Buyer: The Complete Playbook for Avoiding Rookie Mistakes is available now!
@Mindy Jensen and @Scott Trench have been buying and selling houses for a collective thirty years. In First-Time Home Buye...
Seth Mosley
ASSET PROTECTION PODCAST
Hey all..interested to hear some discussion surrounding the recent BP Podcast on Asset Protection (the "YOU WILL GET SUED" issue)So far I have 7 rental properties all multi unit having several units each, and they are...
Marilyn Bump
Lease Option
I have a rental home and my renter wants to purchase it. I don't believe, with the market the way it is, that the home will appraise for what I owe on it. My renter has mentioned doing a lease option and I am not op...
Account Closed
Umbrella Insurance
Finally found a company ( Nautilus Insurance) that will write me a stand alone umbrella for 1 mil with having about 20 properties. Still debating because the price of 732.00 was a little higher than expected.And still...
Matt Selland
Obtaining Title Ins after Tax Sale in SD
I purchased some farmland in SD at an IRS tax sale in January of 2021, the previous owners owed the IRS 1.8 million so the IRS siezed and sold 3 tracts of land in an attempt to collect their debt. The sale was hardly ...
Travis Washington
Analyzing this deal: $53K for $750 rent
Greetings BP,Currently have a property under contract that is a 3/1 on the skirts of an established town. Below are the numbers:-Price: $53K-Recently updated (before listing; turnkey property)-"Zestimate" at $57K-Sig...