Lindsay Conway
Looking for expert advice on our $$$$ situation + rentals!
Hey guys!Have a question. My husband and I are both 27 and have, technically, 3 rentals. One is a duplex, one is a SFH, and one is a piece of land. We own all outright. The duplex rents for $450/month plus utilities ...
Joy James
Eviction: got a court date
The tenant whom I filed an eviction last week, filed an answer. She said she was in an abusive relationship and her partner didn’t let her work or go out of the house until he was incarcerated for kidnapping and assau...
Jeremy Cepress
Tree roots in plumbing
I have a investment property it's an 11unit property. I have roots going threw some of my plumbing but the trees are the neighbors trees. The trees are not on my property but destroying my pipes. What do I do?
Don Harris
Default borrower has offered to quit claim deed back
I have two notes in default. I've done multiple transactions with both borrowers. One is in a judicial state and the the other is in a non judicial state. In both cases the borrowers have offered to Quit Claim deed th...
CJ Letzelter
Denver/ loan paydown vs. income
Given the time of year, I am unable to seek advise from a local Denver CPA combined with living in Singapore have left me with an important question. Can profits from rent be used to paydown the loan on the same hous...
Anthony Jackson
Norada Capital Management Promissory note investment
Greetings Pocketeers!
Has anyone had experience with this company and investing in their promissory notes. I am interested in investing in something a bit more passive as I am getting older and, while I love the rea...
Matt A
Deficiency judgement after a short sale
Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
Zachary Sakena
Subdividing with conventional mortgage loan
Hi everyone have read some blog posts but wondering if anyone has came across this subdivision scenario.I have a SFH that is valued around 325k. I have over 50% equity in the home currently. I am in process of subdivi...
Kyle J.
California extending eviction moratoriums through end of July
For those landlords in California, Governor Newsom signed another executive order authorizing local governments to extend current eviction moratoriums two more months, through July 28th. (His previous executive order...
Jeff Kehl
Bankruptcy on Courthouse steps Foreclosure
I've bought a couple foreclosures on the courthouse steps and so far I've done ok doing my own title research. One thing I'm not exactly clear about is bankruptcy. I know you're supposed to check that and I know the r...