I was the high bid on a tax deed in a condo-hotel in Florida. I'm not really sure how that happened since there is a significant lien both from the condo association and the mortgage company. Both liens disappear si...
I have been inquiring about this new method of real estate investing. Is there anyone here on BP who's familiar with doing Mortgage Assignment Contracts? If so what are the pros and cons? I want to start doing this be...
I had the property manager send a friendly reminder, reminding tenants that rent is due on the 1st. Tenant 1, paid no problemo. Now on the other hand the other tenant states, "I get a three day grace period by law!!!"...
Hey guys,I've been analyzing deals with a buy and hold mentality in the Tacoma, WA area for a while now. Like anywhere in the US, the best "deals" are in the worst parts of town. The area has a full spectrum of neighb...
There is so much speculation among realtors, lenders, and real estate investors about the “shadow inventory.” I wonder what’s really going on behind the scenes at the banks with regard to releasing inventory? Does any...
This is in Texas.I have a situation where some domestic violence has occurred and the wife has told me he trashed the house. I contacted him today and told him I was coming by for an inspection tomorrow. He has n...
The Long Beach Police have not been able to help with this situation, so I figured I would reach out to see if the BP community could offer some advice for a huge pain I have been dealing with for over 3 years.Here is...
I made a cash offer on a house that was listed as a short sale with settlement within 45 days. My agent told me that the seller's agent told him that the bank approved the offer. We then signed a contract for sale wit...
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
Opinions on Grant Cardone aside (I personally have mixed feelings), he had a podcast titled "How to Rip off the IRS" that I listened to today. I'll list what he said to always do below and my concerns.----------------...