How does a Short Sale work?

Hey BP network!
There have been a lot of forums on Renters Insurance. This is something I am implementing as a requirement (better late than never).😉
In case this is of help for some of you I thought I would share t...

I'm the listing agent on a short sale. HSBC is the first and approved the short sale in 10 days back in January. Now it's mid-April and Countrywide is still stuck in their quagmire. Supposedly, Countrywide has gotten ...

So I get a call from one of the brokers I use and he tells me about this ‘great duplex’ foreclosure that started out at $199k, then worked its way down to $149k whereupon an investor bid $85k. Which the bank refu...

I am facing foreclosure on my current property due to a co owner becoming medically incapacitated and no one able to handle his affairs. Current private money balloon payment is due and they stopped accepting payments...

I am considering forming an LLC for landscaping and a second for construction.  The thought being that it would create additional tax breaks when purchasing equipment etc that would be mainly used to maintain my prope...

I've recently heard that if an investor files loss in his investment property in filling his tax, it will effect his next mortgage by impacting on debt/income ratio. For example: If you earn $10000 from your rental pr...

Hi, I am new to STR market, and I plan to get into this business after learning all the benefits it comes with.
We all know how STR (for 7 days or less lease) can be great for depreciation tax deduction, as it counts...

Just read the article today that a judge in DeKalb county Georgia has extended the eviction moratorium for 60 more days. I have two properties in Clayton County and curious what savvy landlords do to hedge the losses ...

Hi BP community!  I need some help.  I own a rental in TX and my property manager informed me that there were charge backs for payments between 4-6 months ago and are taking the funds out of my account.  According to ...