Shannon McKenna
Seeing Through the Eyes of a Flipper
Hello Flippers!Here's my story: I'm new to the real estate game- just establishing my funding and obsessively farming an area in my city that I KNOW is going to kill it in the next 5 years.My strategy is buy and hold,...
Pal Sa
Lease renewal and rent increase by 5.5%
Bigger Pockets forum, Happy Thanksgiving to you all. My rental home is coming up for lease renewal. Our tenants would have stayed there for a year by then. They have been good. They pay rent on time. I am able to wor...
Corey Westermann
Rejecting good applicants
Hi guys - I could use some advice. I've got a few rentals that I've been managing myself over the past 3 years, but this is the first time that I've received numerous qualified applications on the same day. Basically,...
Matt Redmond
Potentially Dicey IRA Situation...
An acquaintance of mine owns a single-family home that he walked away from 17 months ago. He stopped making mortgage payments and moved into a different home (a rental). Two months ago the mortgage company finally st...
Karin Crompton
How far does "We don't know nuthin' " - i.e. As-Is, Where-Is, No Disclosures - extend?
I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.
We had an offer accepted on a bank-own...
Anand S.
Short sale - second bank dragging feet
I've been waiting on a short sale as a buyer for the last 5.5 months.
The home has two mortgages.
The first bank approved my offer, and is offering the second bank, Chase, $5K to buy them out. The second bank h...
Dennis Nikolaev
facing foreclosure in California, where to turn for advice?
it looks like a hopless situation for me.I had all of my life savings put in Yucca Vally short term rentals In early 2022. got 4 nice villas at 20% equity. then 2 things happened: rates went up and demand for vacatio...
Glenn Espinosa
Negotiating REO Offers
Just a tally, who here forgoes inspection contingencies with their offers?
Sorry if this has been covered.
LaDawn Jones
Foreclosure after a divorce
I would like advice from someone before seeking a real estate attorney on this issue. I divorced 5 years ago and left the home with a mortgage to my ex-husband. Both of our names are on the mortgage, which is now a co...
Derrick K.
Short sale advice - no realtor
Hi BP community! I have situation I wanted to get your thoughts on. I found a shortsale on Zillow and contacted the realtor directly (I don't have one yet). I know the sellers realtor gets commission but I believe thi...