Tim Ball
A couple questions on tax lien investments
Lets say the interest on a tax lien you purchase is 12%. That 12% is annual interest rate. Lets say the lien you bought was $10k. If the homeowner pays the tax lien off in 3 months, do you still make 12% on your mone...
Shawn Munoz
Moving out and renting
Is there a penalty for moving out and renting your property in a short time frame? Let's say I purchase a duplex using an FHA. I tell them I am going to live in one side and rent out the other. Then a week after closi...
Kevin T.
NC Executive Order 142 Eviction Moratorium
Hello, Wanted to hear opinions of this. I never thought something like this was possible. The Order’s evictions moratorium:
Is effective immediately and lasts for 3 weeks;Would prevent landlords from in...
Tanjaree Turner
Withdrawing from 401K for investing
Looking for input regarding the pros and cons of withdrawing from a TSP (= govt 401K) plan that is just sitting to use to purchase an investment property. I'm no longer a W2 employee so I am not currently contributing...
Nathaniel Sconiers
Buying a Investment Property using an IRA
Have any BP members used their IRA/401K to buy an investment property as cash and successfully completed a cash-out Refi/Thanks
Roberto Verdaguer
Specific Tax Deed Questions for GA Investor
Hello there, My name is Rob and I am new to BP. I joined because I have been lurking on here for a bit and learning as much as I possibly can about Tax Lien and Tax Deed investing. I am most likely going to pull the ...
Eric Stugart
Landlord tenant laws
I understand there are certain laws that landlords have to abide by. I was dating a girl who had told me that her landlord would just walk into her apartment whenever he wanted unannounced and this was while she was ...
Lori Person
Trust fund baby seeks to break lease bc can't afford rent
One month in to a year lease, my fully vetted trust fund tenant has alerted me that she must move because she quit her second job and can no longer afford the rental. She says she loves the place; it's not about condi...
Carmen Chu
Can I depreciate these as CapEx for my rental?
For rental properties I know you can depreciate things like a new roof, new washing machines etc...although different things have different schedules of depreciation. I have one item that I don't know if it's an it...
Elizabeth Mccord
Bank missed closing and they want to charge me
I'm ready to close on a house that I'm going to remodel. The bank missed the closing date and now they want to charge me 100 a day I'm ready to go this is a cash deal. Has anyone ran into this before.The bank picked t...