I am currently working with a seller who owes 70k on his mortgage. His house is assessed at 63k. It has a finished upstairs with 2 bedrooms and a bathroom but isn't added to the assessment because it doesn't have A/C....

Hey all,First time poster here on BiggerPockets. Lately I have been reading a lot about multifamily properties. They seem to be much more profitable, dollar for dollar invested, than single family properties and posse...

Hello everyone,

I am a new investor and am trying to set up my business entity before I dive into the game. I have talked with 2 attorneys and both have given me the opposite advice. One said to create a LLC (singl...

I've recently began looking at multifamily properties (1-4 units) in Long Beach, California and was curious to understand your opinions of property managers. My partner and I work in the finance industry and regularly...

So I got a phone call from a tenant who is six months into a one year lease, she is moving in with a boy friend.Lease has an early termination fee of two month's rent.  I am holding a security deposit and last month's...

For owners with a small portfolio (1-3 STR), how did you decide between self management vs hiring a vacation rental company? If you have a larger portfolio, are you still self managing? I am just starting out and have...

Hi Everyone, so 5 months ago I delved into learning about real estate investing. Professionally I've had a successful career as a fundraiser for 501(c)(3) organizations, but I've always known that I wanted to get invo...

I as reading about some technical signals in the stock market, specifically the 'Hindenburg Omen', and started thinking about the state of our economy, inflation, the markets, and how I'm managing my money. Of course...

Do I pay taxes on flips What do I do

Today I listened to (and very much enjoyed) Podcast #70 today which focused on buying properties "subject to".One aspect that I feel unclear about: How can a property be sold without satisfying the existing mortgage D...