I had a call today from someone who filed bankruptcy and is making payments on it. It won't be discharged until later this year. Based on our phone conversation, they had a bunch of past financial problems and their c...
I have a prospective tenant that has a bankruptcy on her record from about a eight months ago. She claims that it was due to identity theft issues. I am not that familiar with such a situation. Do people really file b...
So I have a unique situation. I own a rental in Nashville, Tennessee. An individual from Texas who is moving here has applied, and I approved them. They had a lower credit score. So I've obtained July and August r...
First off, hello. I am a new member. I found BP two months ago and I have been listening to podcasts and I’ve read my first book related to investing which was Rich Dad Poor Dad. I’ve been thinking about buying rental...
I have been tracking a property for a while and the Trustee's Sale has been posponed 3 times.
The sale is now set for 5/30/08. The reason for the postponment is a Chaper 11 that was filed in 11/07. The Chapter 11 ca...
Well I've done a little research (lurking) and realize that for the new guy it can be really difficult to find that deal before the investors do. Today I was coming home and I saw some trucks in front of a property a ...
Legal question:
Florida statutes say that new owners are responsible for paying previous owners arrears. Bankruptcy discharges outstanding debts. So does that mean the new owner of a condo where the previous owner ...
Has anyone heard of or used his system? Have had some good reports.
I wonder if anyone has experience with tenant bankruptcy issue. I have a tenant at TN who is behind on rent for the past 3 months. My PM has send multiple notices and finally put in the eviction notices. PM even of...
Hi BP, has anyone had experience(preferably in Ga) with properties where owner was in Bankruptcy? I had a wholesale lead, and the owner wanted to sell the house, and has recently been discharged from Chapter 7. Of cou...