Daren H.
I hate hearing investors say this...
I have been listening to several REI podcasts over the past week. I like to listen to others to see if I can pick up any helpful tips as it relates to finding deals and just business in general. I keep hearing these R...
Bruce Woodruff
Interesting FB post today
I ran across a post on FB today about Landlords being predators. The OP stated that they had been paying rent for 10 years to the tune of $160,000 but could not afford to buy a house. This, according to them and a cou...
Tim Martin
Fee or % ownership?
I was asked to help purchase a number of cash flowing properties for a family member. I have a bit of experience and am investing in a market much friendlier to cash flow then the family member. Because of my knowledg...
Jack Ni
Would lease option trigger due on sale?
Hi, I did a 25 year lease option with a seller. The lease is not recorded. But if the bank finds out that he did a lease option with me, can the bank call the loan due (due on sale)? I think I read somewhere that you ...
Chue Kue
TAXES When you pass down your rental properties to your kids?
Hello,Just wanted to know if you guys might be able to clear some things up for me.When u pass down rental properties to your kids when u pass away, what kind of tax are they required to pay if they decide to keep it ...
Faye R.
What to look for in a site planning surveyor? Mixed Use Property
Should I just google local surveyors and look for the best reviews or is this one of those things where, assuming that they are properly qualified, I can select the lowest price? If so, is it enough that they are cert...
Jon Patzlsberger
Sheriffs sale
I'm interested in buying a sheriff sale property. There are 2 liens on the property the 1st filed by the mortgage holder and the 2nd filed by the township the house is in. The 2nd one is for $16,000 from a block grant...
Justin Sheley
Tenant Grease Fire Last Night
Today we were notified that a great fire occurred at one of our rental properties around midnight last night. The tenant put the fire out, but it has destroyed the stove and cabinets above it, and coated the entire ho...
Sarah Raulerson
Hubzu- is it for real?
I was sent a contract from Hubzu that says they can keep my deposit and possibly take legal action against me for just about any reason they dream up. We like the property a lot but everyone is advising me to walk aw...
John H. Hill Jr.
Second mortgage... who is responsible?
Hello BP family!Okay so Google, nor the internet thus far has been my friend. Can someone please explain to me who is responsible for paying the second mortgage if I purchased a home that has a second mortgage on it a...