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My tenant claimed bankruptcy for back rent on may 12th. By law I believe she has to pay June rent. I applied for a stay with the bankruptcy court which will be heard on June 11th. There is an eviction hearing pendi...
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I went out driving a couple days ago through several different neighborhoods near my area looking for potential deals. I noticed about 4 homes that had grass 2+ feet high with overgrown shrubs, etc.
One property had ...
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I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a coupl...
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Ten yrs ago I was in financial ruin and filed bankruptcy and I lost two rentals in the bankruptcy. It took me a decade to claw myself back but I now have a good job, rebuilt my credit, and also managed to keep my pri...
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Greetings BP Fam, Motivated seller wants a contingency cash contract for bankruptcy court. Seller owes mortgage that is at least $100,000 higher than what I would offer. Is seller just using me to provide contract fo...
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My offer for a bankruptcy short sale was accepted by the seller. Then the lender got an appraisal months later and countered with a higher price. Then today, I received copies of my purchase contract that was signed b...
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According to the current US bankruptcy law, would the landlord lose the security deposit when the tenant filed bankruptcy?
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Hi BP:I have been reading all these tax lien certificate investments and some random thoughts just came up. What if the delinquent original owner files an bankruptcy, chapter 7 to be exact, after the lien is sold to i...
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I have an applicant - a nice family - who applied for my house. Their business went bankrupt in 2007 (filed for a bankruptcy then) and their second business also went into debt due to non-payment from clients 2013. C...
Hello All, I am a newbie with several questions. I have narrowed my investment interests to wholesaling, tax liens, and bank foreclosure auctions. In my learning, I understand the importance of focusing on "One Thing...