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ARV=$160,000Contract Price= $49,000Repairs= $20,000-$25,000 repairs Problem: Owners deceased with NO WILLBehind Taxes= $10,000 (Tax Sale June 1st 2017) Owes= $24,000 (Charged Off but are accepting payments to principl...
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Hello all,I am a new investor from Houston, Tx. I plan on acquiring my first rental property within a few months if everything goes well. I have some questions regarding the ownership of a rental property :- whenever ...
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Hello All.I’m going to start an LLC to buy an investment property in San Diego,CA. I need an LLC for access to funding (hard money or otherwise?) and I’ve been told starting an LLC in Wyoming is beneficial. As state...
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Sharing some info from two sources this weekRegarding states looking to strengthen seller financing licensing requirements and court decisions for those not licensed:First from Facebook group school of sharks:Hey guys...
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Just thought I'd post and tell about a double closing gone wrong. Not sure how this situation could have been avoided. But, this does give another perspective. I contracted with the wholesaler to purchase a propert...
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Hello everyone,Thank you to those have purchased BiggerPocket's recently launched landlord forms! We are currently working with lawyers from every state to create state-specific forms for all 50 states + Washington D....
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http://www.nytimes.com/2010/10/01/business/01mortgage.html?hp
I don't know if they're really slowing, or if the media is trying blow this up into something bigger than it is.
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1. Screen your tenants better. Do intricate research and invest your time in getting to know them beyond just knowing that they are people who need a place to live and on the surface seem to be able to pay. 2. Ensure ...
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Any Akron investors see the recent articles about the city’s new proposal? Apparently Akron has one of the higher eviction rates in Ohio (and even nationwide), and there is a proposal out that would allow judges to se...
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I recently served a tenant a Notice to Pay or Quit. The tenant hasn't paid for 3.5 months and his lease expired on March 1, 2016. I've heard all of his stories ("I'm sick.", "I promise to be out on the 15th, 18th, 2...