Hung P.
IRS Auction property
In an IRS auction, the IRS lien was recorded after the first mortgage. Does the winning bid with the IRS eliminate the first mortgage and get the deed to the property after the redemption period or will they just eli...
Nicolas Biangel
Foreclosure Question re: 2nd Mortgages
In reading Bidding to Buy it didn’t quite specify the answer to this question: when buying the first mortgage does that eliminate the second mortgage or HELOC or do I have to factor it into my analysis? Thank you in ...
Jake Durell
Getting rid of a condotel designation...
Hello - I am wondering if there are steps that an HOA can take to eliminate a condotel designation without eliminating the right to short term renters?At the moment there are too many units on the rental market and no...
Bruce Woodruff
AIR and VRBO having sync'ing problems.
Just checking to see if anyone has had these issues....? 4 times now over the past couple months, I have had a guest (with AIRBnB) book a property. But the property is already previously booked by a VRBO guest. So I h...
Gary L. Fisher Jr.
I think I need a loan...
After seeking advice here on BP I've decided the next step for me is buying a four unit FHA each year for the next few years. Living in it for a year while I fix it up and moving on to the next and allow the forced ap...
Bhanu Kuna
Can a property management software replace a property manager?
Hey everyone! Hope everyone's investments are doing well. Just wanted to get everyone's thoughts on property management software. Buildium to be exact.1. Has it helped you scale effectively? If so how?2. Has it helped...
Steven M.
Question about taking out home equidy loan to lend to my LLC for investment property.
I am planning to take out a home equity loan for an investment property, which will be purchased under my LLC. My question is, how can I structure this to protect myself from a situation where someone sues the LLC and...
James Conaway
German Roaches not cleaned out during one time treatment
I own a 4plex that had a tenant move in and bring German cockroaches with them. I paid a pest control company $600 to perform a "Roach cleanout" to treat all the units with the understanding that they would eliminate ...
Jackson Tate
Pay down to 80% LTV or pay off 'bad debt'?
Hey BP,I'm currently in the process of selling my primary residence and purchasing a new home closer into town. As of now, I'm using the proceeds from selling my home to put down 10% on the new home.Additionally, I ha...
Pranitha Shandi
Anyone go from using a Prop Manager to self-manage during a lease
I currently manage a property myself (I live close to this). Another property that I own is being currently managed by a property manager ($200 monthly fees). I am not happy with my Property Manager and plan to take i...