Heidi Thompson
Padsplit insights please
new to REI world. Just learned about Padsplit. Searched BP for a post on topic, and there was only 1 10 months ago. Does anyone have experience with it. 14% service fee...would that substitute for Prop Management fee,...
Rich Weese
obama says we're doing great! Why don't I feel all warm and fuzzy then?
Obama sounded almost giddy on how well the country is doing. The stated unemployment rate only ROSE to 9.9%. HOORAY! (however, when you include EVERYTHING in that category, it is 17.4%, almpost a record high)He says t...
Chuck K
Help me structure this lease to own strategy...
Newbie here, bought a new residence and plan to offer my older home for rent or lease to own.
House value is around 170K, owe 120K and rent comps are between $1300. It's been completely rehabbed. If I decide to g...
Dan B.
Seller is trying to cancel a sale and threatening litigation
I find myself in a real estate purchase conundrum. BLUF: seller is trying to cancel our contract to buy and threatening litigation.
A bit of background, wife and I put an offer on this house. The process was going a...
Jeffrey Bailey
What to do with 80 year old tenant paying 1/2 market rate
I am looking to purchase a duplex as our first rental property. One of the units is currently rented by an 80 year old woman that has lived there almost 40 years. She's currently paying less than half the market rate...
Luke M.
Has anyone been able to get a HELOC on a rental property?
I keep getting turned down, but I've been told some local banks will sometimes entertain it.
It's located in San Diego, California, and I live in Brooklyn. It's rented well and has about 60% in equity. Any ti...
Brandon Hall
Cash Gift From Parents Can't Be Used for Investment Purchase?
Hey Folks,I'm in the market for my first property (investment and otherwise) and was on the phone with a loan officer earlier today. The original plan was that my parents would match my cash contribution and classify ...
Bryan Hancock
Mark Torok Subject-To Stance
Has anyone reviewed Mark Torok's "program" for taking title subject-to? I know that this mostly ties in with Phill Grove's AMPS program, but some of the folks I have talked with recently recommend it for informing th...
Josh July
FIRE completely Burned down TOWN!!!
THis is very sad and disappointing!!! Please be respectful and share any advice.Pics belong to respected owners and I will try to link them to where I got them from........................................................
Thomas P.
Unique situation.
I am about to buy out my aunts 1/2 of a property that she and my mom inherited from their father (my grandfather) The property is owned free and clear.
I have many questions on the way this can be done. The property...