Ron Burmeister
Warning: Hubzu, Premium Title, and Altisource
Just wanting to warn everyone about possible issues with using the provided title services associated with a Hubzu auction property.This is what happened to me on a recent transaction on a fix and flip property that I...
Ron Drake
Property Management Lease Fees
Just curious what others are paying to put a renter in their rental properties?I have noticed quite a few seem to be paying one months rent is that average?I manage all my properties in San Diego but the one out of st...
Bruce W.
Does President Trump's new tax plan threaten 1031 exchanges?
There have been many rumors from various sources recently about limiting the 1031 tax-deferred exchange. Now we see that the President wants to eliminate all tax deductions, except for mortgage interest and charitable...
John Horner
How can I clear state judgement liens without old owners consent?
So I have a situation where we have taken 2 properties quit claim knowing what the max liens could have been on them. From what our title company is telling us, the old old owner (2 purchased ago) is the only person ...
Brian Lubeck
Selling homes to tenants
Good morning. I have a question about selling homes to tenants. We have a loan on the property as a whole, but recently I have sold a few homes to tenants and only charging them lot rent. How will my bank view that...
Rumen Mladenov
Old lien... How to proceed?
Hi BP community!
I have a property under contract that has a lien from 1976 that has not been recorded as satisfied. House was sold in 1978 and then again in 1985, and I am purchasing it from the heir of the person w...
Jeff Tumbarello
found the probable base cause of the recent downturn in foreclosures
found the probable base cause of the recent downturn in foreclosures
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Press Release
FDIC Statement on the Status of the Legacy Loans Program
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Dick Rosen
Property Management Strategy for 15+ unit Properties
BP Nation... I'm looking for your opinions and experience with managing 15+ unit Apartment complexes. As a property manager I manage up to 15 unit properties now and kind of drew the line right there because I felt an...
Jane S.
Angry sellers not returning earnest money
This is not my first time finding out that a property I had UC had too many deferred conditions. But it's the first time I'm not getting my earnest money back.The sellers accused me of acting in bad faith. However, th...
Jake Kraft
Buyer backed out at closing, what to do?
Hey all. Unfortunately my second post here on BP is an unfortunate one...My house was listed for 9 days when I got a full price offer from a pre approved buyer. Of course I accepted. It passed inspecton with a coup...