Hello BP community members,
I'm a long-time BP lurker having browsed the discussion forums numerous times in the past but finally decided to sign up and join the community as a small step towards RE investment action...
Hi all, I am an entry level investor (own my house with a mother-in-law) and am looking to buy my first true rental property. Since I live in Seattle, where prices are crazy, I am looking out of state. Currently, I ...
Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...
I found a 57 unit $4mil property in default, as a newbie should I. I have read all the particulars, analyzed and analyzed. I figure I can get investors to hold the $4mil for 4 years and I sweeten the pot somehow. All ...
Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...
We bought a condo and moved in 5 days ago. Me, my wife, and 1yr old daughterInspector had found a small amount of mold under the sink in the inspection. Less than two square feet. Sent it to a lab and it tested as “pe...
Need help explaing a doubke ckosing to my title companiesSo far ive called 2 in my area and they were both puzzled, they said they didn't have enough knowledge about it I explained i was going to have 2 contracts (buy...
Hi everyone,
I'm on a quest to find a solid property management product to manage properties I own and those that me and my partner will be managing for investors. Here's a list of the products I'm looking at. Anyone...