Rick Bradd
Eminent Domain question
Greetings, I have been lurking on BP for some time now trying to absorb as much knowledge as I can, I am primarily interested in learning to invest in notes. That said I have been following any news, forum updates and...
John Pfeifer
What to do with negative cash flow property?
Hey everyone. Love the BiggerPockets community and looking for advice with a negative cash flowing rental. I’ll get right too it:I bought a condo for a place to live and received a new home buyer grant. 200k - 10k g...
Ram Chandrasekaran
Renting my House - General Suggestions requested
Team
We have decided to rent our house (that we live in) and move to South Bay in CA. We are planning to rent a house there and NOT buy one. Well, thats the discussion I had with Wheatie and Christian. Anyways, have a...
David I.
Want to buy ss, but seller agent says list price is lowest
I found a home that is a short sale and am considering putting an offer in. My agent reached out to the sellers agent and she said the list price is the lowest the bank will accept. I find this hard to believe. One th...
Flue Hasipi
Bidding on HUD Foreclosures
An investor shared about getting a great deal on a HUD foreclosure- we’re talking 50% less than already reduced price. It was a CASH deal and just around this time,before end of calendar year. He thought HUD was motiv...
Justine Scheuher
$1200 for a CPA a reasonable amount for W2 and small LLC?
I used a CPA for the first time and just got my bill $1200. I am a W2 and have LLC with 2 properties that I've kept good records for. My return was only for $1,200...
Sarah Lewis
Breaking Lease- Mititgating this loss
I need quite of bit of help as this is the first time I'm dealing with a tenant breaking a lease, and I have a number of questions. (I'm a small time investor with only a couple of properties.) Tenant had been living ...
Jason Lohse
Not Required to Accept Second Late Payment?
My tenants have been late on rent more than a half dozen times. Late last year, they were late past the 5-day grace period, so I sent a Notice To Quit. They finally paid a couple of days later. Per what I read in the ...
Dave P.
Experts, care to make a wager?
I have just started the negotiating of a short sale. The purpose of this post is to hear from the experts the likelihood of success for this deal. My headline may look a touch confrontational, but it's not at all. I j...
Benjamin Cowles
Why does it matter if a preforeclosure is "under water"?
When qualifying a property, why does it matter how much it is under water if the bank will still only be able to get the highest bid at auction? Isn't the bank just as likely to accept a short sale vs going through a ...