Does anyone know if a 5-day notice to pay rent or quit can be given even if a tenant is one day late? I have a tenant who pays late very late but so far has paid.
My husband and I closed on our first two properties a few weeks ago. We need to set up some sort of protection. We were thinking about putting them into an LLC, but with my reading there seems to be drawbacks to tha...
If I flip a property can I put of paying capital gains by doing a 1031 exchange and buying a new property to flip within 45 days? Secondly, if I do this for two years will I be taxed at the long term capital gains rat...
Hello to all BP members!
So... I have been following a home for quite some time on Auction.com that was due to be auctioned off at the court house.
I showed up for the auction with my check book ready to buy. I wa...
This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
Hi Guys,I could really use some help on this one as I do not have a lot of experience with Land Trust.Here is the scenario from the owner:Or I can owner finance to a LLC or other entity, property stays in the land tru...
Has anyone had any luck negotiating with an HOA to reduce delinquent dues so a house can be purchased and saved from foreclosure? The HOA is in a junior lien position so they will get nothing if the house goes to ...
Hi guys - What happens if the foreclosed owner tried to redeem the property that I have bought from the lender?The property is no longer with the lender - so does he take it back from me?Does the owner pay the lender,...
I am looking to buy-and-hold a multi-family dwelling (2-3 unit town-home / apartment) in Dallas Ft. Worth area. I understand CA has special requirements for residents. I've read some previous posts and still have some...
Hi there,I currently own a 1 bedroom condo in the bay area and i am renting it out. The condo is worth about 820k and i want to sell it to buy a single family house about 20 miles away. I paid 560k for the condo in 20...