Andrew Postell
HOW TO: Avoid the “DUE ON SALE” Clause
In continuing with my “HOW TO” series I thought I would post on a topic that has reared its head again lately – the notorious “due on sale” clause (key terrifying music). Every few years this will get talked about an...
Ilya K.
Foreclosure Auction with Multiple Mortgages. Need Help!
Hi BP Community, I have a deal I would like to run by you all and get any feedback you can provide. I am looking to buy a property in FL at an auction. Looking through the court documents and official records it looks...
Craig Smith
HELP: Current sale held up do to lot purchased via tax sale
Question:1) When a property goes up for tax sale in Pa., the sheriff sends out a notification to the creditors. In the case of a Mortgage does it matter if they send it to the Mortgagor or the trustee assigned to the ...
Marco Morkous
How do you Cap rate?
When calculating your NOI for cap rate- Do you guys include your monthly mortgage on the property as an expense? I’ve talked to people who do and people who don’t.
Fred Hess
Need advice - first joint property venture
I've just had my offer accepted on my first turnkey rental property in New Jersey. Closing is not until October 1, so I have plenty of time to make the necessary arangements. I will be splitting all costs and ownershi...
Praveen Cherian
Superior Liens - Do tax liens trump all other liens?
Does anyone here have any experience with buying a note where the IRS and the state of Michigan (or any state) and the county have placed liens on the property for non payment of Federal, State and city property taxes...
Josh Wallin
Aircover vs. Proper
Anyone just use Aircover and not Have an STR policy? We use Proper but it’s pricey. Thoughts on getting rid of Proper and just relying on Aircover? Is Aircover liability only or does it cover dwelling?
Sam H.
Proper Accounting Advice Needed
I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
Todd Miles
holding a Non-Performing note; What would you do?
Hello BP,
I have been reading a lot lately about note investing and am understanding more about it yet I am unsure of the next step for my situation.
I have a note for 15000 from 2005ish that was paying...
Aj Escomiendo
Rate Shopping Etiquette
What’s the proper etiquette when shopping mortgage rates? If planning for shopping rates, is it respectful to be transparent and tell the lender/broker that you plan on shopping the rate to get a better deal?