Samantha Simantiris
News Reported Previously-owned home Sales dropped 17.8% for 2022.
Wall Street Journal reported Sales of previously owned homes slid 17.8% in 2022 from the previous year to 5.03 million. Although we are seeing downtrend in home sales , there is some positive news. The average rate o...
Rene Bee
CPA wants to see previous tax returns before intro call
Hi Everyone,
I am currently looking for a CPA with real estate experience. Please send any recommendations. I reached out to 2 CPA's and both said they wanted to see my previous returns BEFORE setting up an intro ...
Madison Balter
Need to perform Skip Trace to sue my previous tenant
Hi BP family,
I recently started land lording on my own and had to kick my tenant out who lied about her income and didn't pay rent. I made her give me a 30 day notice to leave and she left but obviously left her sme...
Jimmy Hong
How to remove previous owner's 20 years of smoking smell?
Hello BP Nation,
We have a property in Gilbert, AZ purchase about a year ago. We are looking to sell but there is an ingrained smoking odor from previous owner's 20 years of smoking. Our agent could smell i...
Todd Kozak
Previous year passive losses offsetted by current year passive income?
Hello my fellow investors!I had losses on my rentals last year as passive losses (I'm not a professional real estate agent).I make $150k so cannot use them to offset my capital gains. This year if I have gains on my r...
Rajesh M.
Buying REO, does title protect me from previous owner suing
CA
May be closing escrow on a 4-plex all cash in the next few days. Its a US Bank REO.
Heard about robo-signing, and BoA foreclosure mess, and how lawyers/defaulters are getting more embolded to resist and sue the fo...
Ryan V.
Buying a REO property previously owned by a family member
I am new to this site but found some good information and was hoping someone could help me with a specific scenario.
I am interested in purchasing a home that was previously owned by a family member but is now a bank...
Lucy Clarke
Previous tenant lost (refund) security deposit from 2 years ago
A previous tenant who left two years ago just reached out to me and said he had lost the check I sent him 2 years ago and just now found it and tried to deposit it. Obviously it didn’t cash, now he want me to write hi...
Nolan Mahoney
fannie mae asking for 12 months of previous rent history
So i used to live in my own apartment for a year but had to move back in with family for this past year and i have saved enough for a fannie mae 5% down residential multifamliy building. Now im reading that i need "a ...
Matthew Thomas
Insurance on foreclosure during eviction process (previous owner still there)
I posted this in the foreclosure forum and don't think I am reaching the right audience. (moderators, if I am wrong delete one)I was the high bidder on a bank foreclosure auction, I have attempted to offer the p...