Michael Nahm
Damages after statutory term for returning deposit
Hello fellow BPers,Recently, I had great tenants that moved out after 3 years in a townhome. After they moved, in a routine clean-up, we discovered some broken refrigerator drawers that needed replacing (not really so...
Patrick Quiroz
What are my options?
I have a homeowner in Northwest Dallas who owes $132K but the comps are around $109K. I know I can not make a cash offer so what are my options? I have been told by a cash buyer that taking over payments is illegal. ...
Jevani P. Barron
Seeking Advice on Investment Property Strategy: Cash-Out Refi, Raise Rent, or Sell?
Hi, BP community,
I'm looking for some guidance on how to handle my current investment property. Here's the situation:
I own a tenant-occupied property, which is paid off and cleared. The tenant has lived there for ...
Sarah Vaught
How to use my self-directed SEP
How can I use my self-directed SEP and personal IRA to invest? My accountant told me I could use it but would need to replace within 60 days to avoid taxes and penalties. Any advice would be helpful. Thanks! 😊
Juan Cordero
Foreclosure options in Travis County
Hi,I have 2 simple questions about foreclosures in Austin.First, are there any foreclosure laws specific to Travis County I should be aware of before providing options to someone facing foreclosure?And second, do bank...
Macintyre Gallagher
Where does your profit come from when you buy a note?
Where does your profit come from when you buy a note? From what I understand, when you buy a note you are becoming the lender to the homeowner and then they must pay you their mortgage payments per month. Do you then ...
Rahill Rah
Escrow Shortage of $7,600+ every year? Why?
Usually am not too involved with my parent financial matters, but now with things so bad in New York City, I invited them stay with me until New York gets back to normal. Today I picked up mail from their property, an...
Cody Godfrey
Raising cash needed to close a deal
This is a follow up to my previous post regarding a duplex I’m trying to purchase and owner occupy! Long story short, I found a portfolio lender willing to do a 5% down loan on the duplex I’m looking to purchase. Cash...
Scott Berry
Self-Directed IRA Trustees for Syndication Investment
Please share your recommendation (and reason) for a Self-Directed IRA Trustee, specifically for real estate syndication investments. Thank you.
Eric Thornton
First deal - looking to use a 401K loan
I am looking to make my first investment in commercial real estate. In doing a lot of research here on BP and elsewhere, there is so much information regarding using 401K's and self directed IRAs for real estate down...