Steve Borgman
Creative Solutions for Negative Cash Flow Situation
I'm a first time owner of an investment property. Challenge is that I did not figure in a senior tax exemption as well as homeowner exemption, which made the taxes look deceptively lower.
As it is, with the downturn...
Donell Cummings
Equity
When looking at a house to rehab, how do you find the the EQUITY in the house?
Rudy Dvorak
Protected Class? - fair housing - woke social justice warriors
We do honor and follow and respect Fair Housing laws as we understand them. Generally, interacting with these warriors are just lawsuits waiting to happen. It is their way of being to be on the hunt 24/7 for situat...
Jessie Ng
how to do cash for key without eviction
Hi BiggerPockets folks,My tenant is late on rent. They can't afford to pay for it. So I am negotiating with them that if they move out next month, I'll cover up the moving cost. They are willing to take it. Here's my ...
Sherry Lewis
Questions about REI Clubs
Hi all. I just started with a local REI club this past week and I am not sure if I am in the right one. Let me explain...
There were about 12-14 people in attendance. The first 20 minutes were people introducing t...
Mike Shahi
New construction/capital gains/death of parent- need tax advice
Hope all is well. My parents own a home in MD and owe about 500k on it. As is, the home can sell for 1.1/1.2. The home was purchased in 2008 for 700k. Mom passed away last year unexpectedly. Now, Dad and I are trying ...
Chris Sukala
Realtor must list and open to public for bids?
So we are waiting on a duplex to come up for sale possible through hud. The sign is in yard but it hasn’t been released they realtor must open it up to public correct?
They cannot just sell it to their investor frie...
Todd Plambeck
The Return of Seasoning for FHA?
So I was supposed to close the sale of a property this morning when the buyers mortgage company suddenly wanted to know if the property was a "flip". After biting my tongue to avoid the stream of profanities I wanted...
Kanita Jefferson
HOA threaten a lien
Hello forum! I hate to sound real ignorant but this one is bothering the heck outta me...matter of fact I'm so stressed out I can't even think clear so I need yall help with clear thoughts.Background : I recently sold...
Jay B.
No rental payments for 8 months. Denied EDIL assistance
Hello! I haven’t received payments for 8 months. I have an eviction in process however in Chicago evictions are stayed until December 31st. My tenant has not been paying since March and I got denied for EDIL assistanc...