How is equity determined in a foreclosed, bank owned property and is there an easy method of assessing what it is or does the property require an appraisal first in order to know how much equity remains?

Thanks,
Roch...

Hey BP community,Hoping you can give some insight here. Might be a dumb question, but why do some houses go for sale after someone else started renovations on it? Pics reflect some redmodeling work with equipment in t...

Looking at buying a rental property in the City. The neighborhood sadly has man poor people and subsequently isn't the best neighborhood to live in. But that means the rental properties are cheap and abundant. I'm sta...

All,
Recently listed my car on Turo and have not had any leads.  I checked out a few Super Hosts profiles and a pattern emerged, all of the Super Hosts were listing multiple vehicles.  I was curious if anyone else ha...

The living room floor caved in while moving a heavy couch in my apartment. In the basement it seems a support beam gave way and cracked. The landlord said for me to provide my renter's insurance information to cover d...

I ran across this interesting article on a growing law enforcement entrepreneurial activity every landlord should be aware of that I would like to share here.  Please don't get me wrong, I am pro law enforcement, and ...

When managing a rental property, here are some common maintenance expenses to be aware of. Some can be passed on to tenants, while others are usually the owner's responsibility:1. Sewer Cabling/Drain Cleaning: When th...

Thank you Brian Gibbons and Bill Gulley for all you have posted about this subject. My brain really hurts. Assume I buy a house using a portfolio lender for long term financing and they loan me 75% LTV after th...

Wanted to share my horrible tenanat experience in this post. Hope you can give me some input/guidance.Tenants caused all kinds of damages to my property. 1)Tenants turned down the temperature when the December weather...

Hello Multi-Family investors!I am posting my struggles here because Multi-Family is my primary interest and I own 4 units (2 student housing duplexes) and want to grow my portfolio.  However, outside of student housin...