Marie J.
Tenant moved out and left his people in the house
I need help!!! My 3 tenants' lease ended October 2015. I continually tried to get them to sign a renewal lease or move out but they kept coming up with excuses. One of the 3 move out at the end of the lease. The other...
Sudeep Jain
What would you prefer to buy, market rate rents vs bmr rents
Between two properties, one with market rate rents, and another with bmr rents, but both at the same GRM, which one would you prefer? Obviously, with the BMR rents, there is a tremendous potential for appreciation if ...
Account Closed
Back-to-Back Closings in Oregon
Are simultaneous (back-to-back) closings legal in Oregon? I heard that they weren't. Please let me know.
Caitlin Worrell
Appraisal confusion - opinion of market rent
Can someone help me understand how appraisers generate the values during the appraisal process? I am reading our appraisal report and trying to make sense of it.We own a duplex and occupy one of the units. Back in Nov...
Ron Fu
Quiet a title action
Hi all, recently, I came across an investment opportunity where the asking price is quite attractive . however, the title is not clean. it has two mortgage liens on it ($30k) and the seller will be selling the title a...
Jeff Stevenson
Question about LLCs for residential mortgages
Hello BP crew,I'm a new investor about to close on my first property in Albuquerque. I'm financing it as a second home (since I'll occupy some of the time and rent out when I'm not there), through a conventional mortg...
George P.
Inquiry - input needed (discounted note)
Someone called off my letter that I sent 4 years ago.
Long story short, 3-4 yrs ago, three heirs inherited a house and later sold it to a son of the 3rd heir. First two heirs jointly financed 2/3 of the loan (one not...
Thomas Handy
It's August 6th (I know I'm late this month), but what did you do in July?
I'm about 90% done setting up the house after moving in late June from Louisiana to Kansas. Really like the area and started school today. I'll be limited on time since I have homework to do but always looking for a...
Terrence Evans
Non performing notes in PA
Hello everyone... I was wondering if someone who has bought NPNs in Pennsylvania could chime in here. I am interested in one there but I'm wary of jud states. My 2 current notes are in non-jud states.Can you give me...
Larry Flanagan
How much is getting called a Dumbass worth?
I am almost done closing a deal with a pain in the ass belligerent seller. No need to get into it detail, but today he called me a dumbass. I was tempted to tell him to take his POS house and shove it, but I have a ...