Tomasz Banas
Bank's unethical techniques - what to do?
I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
Chris Levarek
Is Rent Control a Necessary "Evil"?
Three states passed state-wide rent control laws in 2019, California, Oregon and New York. Other cities such as New York, San Francisco and Washington D.C. have had rent control policies in place for decades.
"Over t...
John Payne
When is it too late to tie up a Pre Foreclosure deal?
Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...
Jain P.
Refinance immediately after purchase loan close (investment prop)
Can i refinance immediately next day, after closing the purchase loan on investment property.City: Jarrell, Texas - 76537
The local city lender which i picked has following :
Advantages:
1.)Can commit to close on ...
Roshan K.
Can't find good fourplex... should I build one instead?
Hey BP!So I live in OKC and I am in a conundrum. I want to househack, but I am having three issues. 1) Very few fourplexes are on sale in OKC. I can generally find only 1 to 3 in a 50 mile radius.2) Of those 1 to 3 fo...
James H.
To pay or not to pay off your primary residence
This discussion was cropping up in another thread about a different topic, and I wanted to hear more feedback from other members about what they prefer. As a primer, I am going quote @Rich Weese contributed as I find ...
Fred Ramos
Why You should Stop Buying Rentals And Become The Bank
Let's set the tone straight; most people don't get into the rental business because they like to manage problematic tenants, deal with leaky toilets or attend eviction hearings.Most people follow traditional investmen...
Lorilyn B.
Tax Deeds in Texas
Hi all, this forum has been very informative so far and has put a few of the pieces together for me. However, I am in need of some clarification. (I hope we aren't limited on the length of posts :) )My questions are s...
John M.
Where to invest -- Good areas/Bad areas
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...
James Tedrow
Joe Biden wants to trash the 1031 exchange
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...