@zane belden and I have been working on a deal to buy a 4 plex. This process started 6 months ago. We made contact with our realtor through Zillow and she showed us 3 properties one day and we put an offer on one o...
Good morning everyone (it is morning for me and most likely this post will appear when it will be morning for you)... Yes I am from a far-far-away land called MADAGASCAR (and no, there are no penguins, lions, giraffes...
Just saw a story on 60 minutes about several very large banks manufacturing ownership documents. All related to mortgage forclosures in the past several years. It appears they can not come up with the real title of ow...
Not sure if this has been posted yet, but I think it is worth sharing. I heard on the Rental Income Podcast w/ Dan Lane, bonus episode from this Saturday "The Ugly Truth About Mortgage Forbearance", the long term eff...
My property in MD is turning over to a new tenant. My PM sent me a quote that gave me a small heart attack. Upon further inspection, I quickly recognized that the times they were allocating for various tasks were gros...
I've read news reports that say up to 20% of rent has gone unpaid in the last couple of months. I manage 350 units and all but one has paid (we extended grace far longer than normal but now we're in the process of evi...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
I have to admit that I was drawn to BiggerPockets in a somewhat roundabout way. You see, I'm not so much interested in Real Estate as a business that I want to get into, but as a means to an end. That end of course ...
Are the great deals gone?Through the years I’ve been seeing less and less “great” purchases, and more and more deals to be had at “market” pricing. Currently, we are at 12.75% interest with 3 - 5 points on the loan o...