![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/135940/small_1621418696-avatar-pzofsak.jpg?twic=v1/output=image&v=2)
I am dealing with a listing agent locally that handles mostly short sales, one of her fees that is paid by the buyer is a $4k loss mitigation fee. I am still new to investing and even newer to dealing with short s...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1353/small_1694714191-avatar-moneymakers.jpg?twic=v1/output=image&v=2)
State of California: Purchasing Tax Deed PropertiesHello Prospective California Tax Sale Buyers/Investors, Re: California - A Tax Deed State *(No Redemption Period) California Tax Authorities (Tax Collectors) literall...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/539836/small_1621492108-avatar-shanair.jpg?twic=v1/output=image&v=2)
Found a property to invest in, offered the sellers only $1,000 less than asking just for minor items, also asked seller to pay full closing and to close in 30 days. Sellers countered with full asking, only paying 3,50...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1247064/small_1621510638-avatar-teraj2.jpg?twic=v1/output=image&v=2)
Hello, I recently paid the taxes on a home. The property was a tax lien. The owner of the home is deceased. I haven’t heard anything about anyone wanting to pay the taxes so I’ve started fixing up the property. Recent...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1004407/small_1621605717-avatar-samuelr59.jpg?twic=v1/output=image&v=2)
Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/123599/small_1621417923-avatar-miamicuse.jpg?twic=v1/output=image&v=2)
I have a short sale offer where the listing broker is insisting on the me the buyer to sign an addendum before he would present my offer to the buyer.
Usually I have seen seller's attorney dictating some verb...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/20465/small_1694722374-avatar-viper.jpg?twic=v1/output=image&v=2)
I have attended a few tax auctions locally. A BUNCH of properties. Terms of the auction are I believe 500 cash and write a check for the balance the day of the auction. Now I am not going to go pull loan money not...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/105271/small_1621417269-avatar-richardwood.jpg?twic=v1/output=image&v=2)
Earlier this summer I made an offer on a property in Surprise Az and have been waiting on lender's approval. My agent emailed me this weekend telling me the house is scheduled for trustee sale on Friday and he has a f...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/129669/small_1621418274-avatar-troysheets.jpg?twic=v1/output=image&v=2)
We came across a homeowner that has roughly two weeks till her house goes to tax sale. She owes ~$15k which would obviously need to be paid before the tax sale. It's unlikely we could close on the property in two week...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/934709/small_1621505814-avatar-nicholasf60.jpg?twic=v1/output=image&v=2)
I know most people oppose buying houses at an auction but I was wondering if people had any experience or just how people feel in general about this strategy