Nina C.
HUD Eliminating Seller Financing for Non Owner Occupied homes
I received the email below from my local REIA. I assumed it may impact many BP members and thought I should share. As I am a new BP member, I'm still navigating the site and wasnt sure if this was the best place to po...
Glenn Mayo
A REALLY sticky situation I could use some help with
Ok. Here's what's going on:My wife's grandmother had a house that was owned free and clear and, when she died in 2008, there was no will deeding the house to anyone else, so it kind of became a "family estate". Curren...
Keith A.
Security Deposit and Unknown Address
What would be the protocol if a tenant abandons the property and the final rent owed and damages exceed the security deposit? No address was given to send any notices to.
Bruce Lynn
1031 and rennovations
From what I understand the buyer cannot use 1031 exchange money to pay for renovations...but not sure that is correct.
Would it work to get an estimate, raise the price of the house by the estimate and have the title...
Katina Bush
Finding Owners of Vacant Homes
I am having trouble finding owners to 2 vacant homes in my area. What is a good way to find owners? How can I go about purchasing the property without owner?
Luke H.
Hypothetical : Should I consider this rental application?
Hi everyone hope all is well, Hypothetical : I received an application from a person that admitted breaking an apartment lease 6 years ago, but since the application doesn't say "no broken leases" on it, he wants his ...
Dustin Benton
Courthouse purchase?
hey everyone,I property that I have had my eye on is going to auction at our courthouse. I'm not familiar with courthouse auctions. I know that I'll be responsible for the title search, that's about all I know. Is thi...
Andy S.
Insurance for multi-family
Hello BP,
I'm looking at small apartment complex in my area, between 10-16 units. I'm talking to insurance agents to get quotes.
-What type of property coverage and liability coverage is good for apartments this siz...
Eric Smith
1031 exchange with a related party
Hi, we are trying to do a 1031 exchange by selling our rental condo in exchange for a single family home rental. Our condo would be sold to an unrelated party. Our new single family home rental would be purchased from...
Oke Tammik
Selling rentals with seller financing
Hello everyone. I'm curious about what people think about using seller financing as an exit strategy for rentals? I'm legitimately curious whether anyone is considering this as an option, and if so, why? Obvious tax b...