Account Closed
Tax lien and city taking a property
If I own a tax lien on a property and the city seizes the house from the current owner as abandoned, what is my position relative to the city? Do they have to pay off my lien? Can I end up with the property instead? T...
John Hessell
First flip: not a complete disaster, but a challenge.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $115,000
Cash invested: $120,000
Sale price: $249,000
Surprises. We found a problem with the foundation at the ...
Courtney Rollins
DO YOU SHARE SKU'S? IS THAT EVEN A THING?
I recently attended the BWI REI meet up hosted by Bill Ames. J. Scott gave the featured presentation on starting and scaling a sustainable company. He provided so many golden nuggets as he shared six essential steps ...
Aaron Ramos
Steps taken in order to analyze deals!
Hey guys,Preparing to purchase my first cash flowing rental property this year and hopefully many more to come throughout the next 12 months. I am more interested in multi-family homes and have started to analyze deal...
Juneau Dahl
Tenant of 10 years wants a new paint job due to cracking
We have cracking issues on a duplex in CA due to bad soil/earthquakes - the cracks always reappear. We've taken care of cracks/painted every time there's a new tenant but this tenant has stayed longer than most (nearl...
Ashley Willis
Pay rent or Quit notice in Indianapolis
My tenant is always late paying rent during this Covid-19 season. I waived late fees to give them some relief. Should I serve a Pay rent or Quit notice when there pass 5 days late. Does Indianapolis band this such not...
Alexis Davila
Question for loan officers
Hello, My husband and I are hoping to purchase our first rental property this year but need some guidance. Here is our situation...When I was in my mid 20’s my parents helped me buy a home (before I was married) so th...
Alex K.
Buying my first home as a house hack near Los Angeles
Hello everyone on bigger pockets. I am about to enter into a purchase contract for a home but I was told by my agent that 1 bedroom and 1 bathroom is unpermitted. I love the idea of having a extra bedroom to rent out...
Kevin C.
Found out tenants are getting divorced. Only husband is employed
As the title states, we just found out today from the neighbors next to one of our properties that the tenants in our house are getting divorced. This poses a very serious potential problem for us because only the hus...
John D.
Co-signer when not meeting income criteria
I'm renting a property for $1600. A couple wants to rent but one of them has income of $19k while the other is attending college full time to get Physical therapy certification so no income. They have 10k savings. Mot...