Jerome Smith
Building credit to get into real estate
looking for the most effective way to build my credit to get a good interest rate on a fha loan. My credit is shot right now but i am in the process of rebuilding. Any and all advice is greatly appreciated. I would lo...
AJ Cerbo
First Eviction - Getting Money Back?
Hey everyone -Likely dealing with my first eviction; the tenant still has 3 days to pay before it gets filed with the court. Has anyone had any luck getting paid the money the tenant owes?I'm not so concerned with rem...
Jon Patzlsberger
Sheriffs sale
I'm interested in buying a sheriff sale property. There are 2 liens on the property the 1st filed by the mortgage holder and the 2nd filed by the township the house is in. The 2nd one is for $16,000 from a block grant...
Sean M.
Re-affirming an obligation post-Chapter 7
Question about re-affirming obligations under a Chapter 7. If a borrower has a mortgage and has cleared a Ch 7 bankruptcy, then makes a payment on the loan, have they re-affirmed the obligation, such that it now effe...
Larry Bowers
Bad faith collection practices here? What to do?
TLDR: Creditor made zero true effort to contact me to settle a debt I couldn't have reasonably known about. I want the information off my credit report. Need advice on fighting it.
Hey BP, I need advice on how to re...
Peter D'Auteuil
Unpaid Rent - Assignment of Back Owed Rent at Closing in CA
I'm pondering a question regarding unpaid rent. In a particular deal, at least one tenant in a property is behind in rent and will be behind when the buyer takes ownership of the property. Who has claim to unpaid rent...
Andrew Powell-Sampellegrini
Need help evicting a tenant!!!
I am a prime tenant in a free market 4 bedroom apartment in NYC. My rent is $2000. I am the only one on the lease. I rent out 3 of the bedrooms to roommates. I have written agreements with them. The total monthly amou...
Joe Kim
eviction and collecting on a judgment.
Hi BP,I got this email from property manager:" The attorney has an option where you can pay a $80 skip trace fee and then nothing additional until they are able to collect, at which point they take 33% of what they co...
Sante R.
Does anyone have any information on Landlords using 1099-C form?
Since it's so hard to collect from tenants who owe, or in some cases not really worth trying to collect, I would like to know more on being able to use the 1099-C "cancellation of debt" form. All responses appreciated
Shelley F.
Deed 'in lieu'
Hi folks! I have not posted in a long time, but have been very busy with both my real estate projects (I consider myself an entrepreneur more so than an investor) and my family and 'real' job. My real estate projects ...