House was purchased for 300,000 put 100,000 Reno. Need to either sell or lease out the home due to relocating 3.5 hours away. Comps would be 425,000 today. Rental rate would be 1,800/mo. No money owed on home.
Question for the veteran or financial expert of the bigger pocket community. My RE partner and I had our first big success in the BRRR method in the past month. My question revolves around taxes owed. Here are the rou...
I live in California.Tenant has stopped paying and the memorantum is on for long time.I know many landlord are actually not been hurt much in this pandemic because govt is supporting and pay.How do I get into that pro...
Me and my husband have went to a real estate seminar. And we are wanting to know more about private lending for real estate. We have allready a potential private lender. But it will be his and our first time.
Hello BP fam! I have a family member who is about $5k-7k from paying off their mortgage. Property worth $30K when it was purchased. They own the property with Habitat for Humanity. Once the remaining balance is paid o...
Hi, I realize that this is legal advice and that I'm in Illinois, which is a legal minefield. But I'm figuring probably some of you have been through this before and I'd like to know what your experiences were. I have...
I got a call back from distressed seller. After doing research here is what I found.She bought foreclosed property in Feb of THIS year. house had fire damage, she tore it down. Something happened, no wants out. So now...
Hello. I am curious about this situation.I am now the owner of a property. It was refinanced over 10 years ago. I went to the closing to sign paperwork. The property was quit claim deeded over to me. At the time ...
Tenant was giving me the run-around for September's rent. I was a nice guy land-lord and agreed to collect September (+ late fee) plus October's rent at the same time October's rent was due. Bad idea. October came and...
I have two rental properties right now that would probably be valued around 40K each. Last year I obtained a commercial LOC on these properties for the purchase of another two properties. I now have a balance of $33...