Yan Yan
Final steps of early termination before the tenant moves out
Hi BPers,I have a tenant who wants to move out in November for personal reasons while her lease ends in June 2020.
Here are the steps I can think of before she moves out. Can you please check and see whether I miss ...
Robert Harris
Help with owner and encumbrance report
I am interested in a foreclosure auction and had a PRELIMINARY TITLE REPORT ran on the property.However i am having trouble understanding it. I XXXX'd out the names:Can someone dumb this down for me?Outside the costs ...
Haley Brown
Intro- MTR in TX
Hello!Not a new member, i've been on BP for a while now but never really did an official introduction. So, hello :)My husband and I own operate MTRs in DFW and Austin, TX. We also assist with tenant placement for insu...
Robert Alexis
Urgent, possible loophole to save my earnest money
I placed an offer on a bank owned foreclosure that was accepted 9 days ago and am currently under a fully executed contract. We discovered a leak in the roof that will significantly increase rehab cost, making my HM L...
Robert Alexis
URGENT, possible loophole to save my earnest money
I placed an offer on a bank owned foreclosure that was accepted 9 days ago and am currently under a fully executed contract. We discovered a leak in the roof that will significantly increase rehab cost, making my HM L...
Dan H.
Proposed regulation on real-estate purchases made in all cash
Proposal to regulate all cash offers to reduce use of RE to launder money. Not sure what effect this will have on investors who make all cash offers or sellers whose RE for some reason does not qualify for traditiona...
Ellie Narie
Is loanbud legit? Commercial SBA lender asking for wire.
I'm curious if this company is legit. They offer SBA financing for 100% (secured by business property), but they want an upfront wire of several thousand. They have their nmls numbers and everything. My real estate ag...
Alexander Pezzutto
Private Lenders- how to set up legally?
I am considering using private lenders to invest in already owned property to pay off what is owed on a credit line used as the down payment. The credit line has about ten months before interest is charged and thus al...
Jonathan Arceneaux
Taking over Mortgage
Hi everyone. I’m currently trying to gather information in effort to gain my first rental property. The property is valued around 70 - 80k with a current mortgage of about 60k in a smaller Texas town.
My question has...
Ernesto Correa
Does renting a room to an adult child qualify as being a landlord
Hello,I am currently renting a room to my adult child and was wondering if this qualifies me to be able and take the tax benefits of a RE "investor".Thanks