We have a triplex in San Antonio, TX with one problem tenant. She was always late with rent and at some point did not keep up with her payments at all anymore. We offered her $500 cash for keys (that is the amount my ...

Land Trust Assumable Loan?

So perusing things, I cam across this gem:

Making Loans “Assumable”. A non-assumable loan can become effectively assumed by using a land trust. The seller transfers title into a land trust...

I have a question regarding mortgages for personal property. I just heard from our lender that we have plenty of income to cover the new mortgage we want BUT they can not make it work on paper. I work a W2 job, own a ...

Last year I too bought a home that somebody died in. I found at after closing when I was talking to the neighbors, I have 35 rentals so it seemed a welcome addition to my family of disfunctional homes. They had told...

Has anyone seen the tv show The Super, about a property management company in Omaha? He comes up with the craziest situations and I can't really tell if the show is real or fake. Anyone know?  I can't even imagine dea...

Hello BP! I just wanted to report that I am working on my first wholesale! I have found a buyer that wants to buy and hold. He gave me the information of exactly what he is looking for. 3 bedroom single family 2 bath,...

They were good tenants and oil was strong 1/4 mabay 3/8 full when they moved in and let know the level verbally. They are moving out in 2 days and its very very low, well below the empty gauge. They turned the heat do...

Does anyone have recommendations for a real estate agent in the Orlando area that works with investors? 

Below is the correspondence with gohoming this morning. They are a BPO auction house and are posting "Minimum Bids" which once met, are somewhat less than "Reserve" which they will not disclose. So you have any experi...

Hello BP, I am considering purchasing a property with two, two bedroom apartments and two mobile home pads. The property is in rough shape with tenants having trash and junk cars strewn about. When we looked at the ap...