Shamim Toufighian
Physical book vs ebook
I'm beginning to educate myself on REI and have gathered a list to start reading via recommendations from the BP community and the podcast, and I'm curious to hear what everyone prefers when it comes to collecting the...
Tim Coppola
Applicant has a Chapter 7 Bankruptcy on record
Hello everyone,
I have an applicant for one of my units who has a Chapter 7 bankruptcy on their credit report. It looks like it was filed in 2016, settled in 2020 and is now discharged. I am just curious what everyon...
Noel Y.
Title search discrepancy
Hi,I saw a property on auction dot com that come up with "Title" doc. The doc stated there are 3 open liens:-2 small open lien dated before the house was built-the mortgage lien on the houseThe strange thing is the o...
Pete Storseth
Looking for Houston networking, meetups, etc
As a newbie here, I've gone to several free events, but haven't seen bigger pockets represented in Houston, TX. Looking for like-minded newbies, potential private lenders (of course), contractor referrals, wholesalers...
Eddie Bynum
Just wanted to say hi!
Hello B. P. friends, I just wanted to pop in and say hello. I'm new to the R. E. game, so unfortunately I don't have much to bring to the discussion threads yet. But I must say that I am a knowledge sponge right now, ...
Robert D.
land trust
I plan to put all my rental properties in land trust. I live in IL. IL recognizes land trust and there are many case lawI plan to include my rental properties on my personal tax return (schedule E). As a beneficiary o...
LaTasha Young
low profit
I own a condo that I used to live in, but now rent out. After two tax increases and a subsequent rent increase, I only profit $18 a month on the property. I'm wondering should I just sell it or should I keep increasin...
Son N.
Second home vs investment property and 1031 exchange
Hello,I bought a condo (paid cash) near the bottom in 2010 and its current market value is quite good. My parents have been staying there rent-free but they have a new place and so we want to consider doing a 1031 exc...
Gil Ganz
Lien not removed in previous foreclosure
HiWhile reviewing a deal to purchase a performing contract for deed in AZ, I have ordered an O&E report and learned there is a 5K lien that should have been wiped out when the property went through foreclosure (DU...
Reid Isaki
converting rental to primary
I can't find any information on converting a rental to primary re: irs forms. I know the 4562 is what I would use to put improvements for my rental into service and depreciation on the property, but not for letting t...