Kris Fox
How does having a second and foreclosing work? Or... what happens if I win the bid at foreclosure auction on a second?
I was wondering what happens in the following two scenarios.Local foreclosure/sheriff's sale and there's a $10,000 HOA lien that is foreclosing. Let's say that the property is worth $150k and the principal on the fir...
Sharon Tzib
Houston Housing Stats June, 2022
https://www.har.com/content/ne...Houston Real Estate Highlights in June:
-Single-family home sales fell 8.6 year-over-year, their third and biggest decline of 2022 as the market begins a long-anticipated cooldown;-Da...
Jonathan Lopez
Need help with servicing notes
We use contract for deed in two of our last deals. Essentially we became the bank. Is there a software that you know of to keep track of the amortization schedule. They also pay additional to the principal sometimes w...
Allan Kuaana
Great Jones - from bad to worse
Great Jones managed three of my St. Louis properties in 2020. At first they seemed "Great". Initially, when I had my first property in St. Louis, I was able to contact the property manger in the area who replied pro...
Derone Patterson
duplex
Greetings everyone, as a first time home buyer I am I the process of buying a duplex. Soon to be moving in soon. My question is, there are two long term tenants living there. Its a nice area. I know my mortgage will b...
Monica Graves
SHould I foreclose and rent
My primary house has substantial structual problems - report shows $20K in repair, needs new roof $5000 and windows/doors $3000, and updates $15000. I am upside down $35,000 from loan to value. This totals $78K in the...
Sachin Maskey
Top 3 states and which niche to invest- Multifamily , SFM /others
I am currently in state of MA and looking to invest in out of state and looking for teams like agent/broker/wholesaler ( most important person to find deal ) , lender, property managers and contractors etc . I would a...
Scott Seydor
Weird 1BR, or Weird(er) 2BR?
I bought a triplex in Pottstown, PA in January with a wonky layout. It's a three-story building and each floor has a 1/1. I got two of the tenants out on Saturday and am planning to do some renovations before gettin...
Aaron Reibe
Rental software that allows in person bank deposits
Hello fellow members,I am looking for rental software that allows online payment AND in-person bank deposits. Is this even available?I have 12 doors and have tenants that want to pay in person. Some are older, some ...
Jon Haney
Does a HELOC make sense in this situation?
Hi everyone,Currently I own two investment properties, and I’m considering taking a HELOC on my first property to cover a down payment for a third. This is my first time with any sort of creative financing, so I wante...