Hello all, seller is behind 8 months on his mortgage ($3000). The home is vacant but in good condition still. ARV is 65k. Mortgage has a balance of 23k (including past due). Piti is $400 a month. Seller just wants out...

I'm normally very eloquent. But I'm just going to talk about the issues leading to my current situation:The house I'm selling fell out of contract.... THREE TIMES.I totaled my car during an ice storm 6 weeks ago and n...

I am a landlord of a tenant in a condo building.  A neighbor (who has a tenant living in their unit as well) 2 floors above's window fell out and crashed onto my tenants' brand new window unit air conditioner and her ...

Hi, I am asking a question for my father, his only income is social security, he gets $975 a month. He sold a collector car he's had for more than a year last month and he's made a capital gain of 30k, he wants to kno...

I'm wondering if anyone has dealt with "piercing" HOA restrictive covenants?  This has been a great "learning opportunity" about various due diligence areas which thankfully hasn't cost anything (yet).  For background...

Just some advice..... I have a property that is rented to neighobrs of a friend. their house caught fire just as this property became availible. My original offer to them was to just move in for what it cost me to pay...

Hello BP I’m getting ready to start flipping.My question today was is it best to form an LLC for each property I flip?

My wife and I are partners in our Real Estate LLC.  We live in the Pacific NW and want to go to a couple of seminars in LA next month.  If our kids go with us and we drive to LA on a Sunday, all of our direct car rela...

Would anyone lease to someone if they didn't meet the 3x income requirement, if there were valid life reasons and expectation that a new job would easily put the tenant well beyond the minimum? And if so, what woul...

Someone mentioned that you should possibly look at getting an umbrella insurance policy on yourself once you get into owning multiple properties. A friend gave me an example! He had a friend who was at the airport and...