Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...
Manny Cirino
Liens & Land Trusts... Would you do it?
Hi all,
it is rare that I actually create a topic although I like to post on other issues. I had a few thoughts come in to mind as I just came across a vacant property. The property is located in a nice neighborhood,...
Julie Hassett
Diary of my 1st Rehab Buy-and-Hold in Baltimore City
Hello BP!Today I closed on my first buy and hold rowhome in Baltimore City. It's my first real estate deal ever - and seeing as how I only have the faintest idea of what happens next, I figured my journey of figuring ...
Austin Smith
Tenants don't pay - My landlord journey may come to an end?
Hey all! I'm not sure if I've come to a crossroads or a dead end in my real estate investing journey. My wife and I have been building our portfolio over the past few years via house hacking and we're at 17 units curr...
Michael Guzik
Short Term Rentals Slowing Down due to Negative Media Coverage??
I'm not sure if everyone is on Twitter or Facebook, but there's been a pretty noticeable movement (usually among among millenials / Gen Z) to bash Airbnb / short term rentals. Everything from "creeper" landlords, to "...
Matt R.
The changing face of Los Angeles - Gentrification areas
Ucla recently covered this topic. LA has 85 hoods and the population is predicted to grow 30% by 2030. The city is looking for solutions to help with the housing shortages including allowing granny flats in backyards....
Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Wayne B.
ROOKIE WITH $65K SEEKS ADVICE
Hello All,
I’m totally new to real estate and I would greatly appreciate some direction. I would like to know how to buy a home that I can realistically afford, ideally in Central Florida – either Volusia County (Nor...
Landen Ward
Critique my Lease Option example?
Here is what I think I know a Lease Option is so far; looking for advice on what I have wrong, if not the entire thing:
Say a man is selling a $165,000 home for the mortgage balance of $150,000 to avoid foreclosure. ...
Jesse Park
How much down for a rental property?
I live in Denver and 3-4 bd homes cost from $380-550. For my first property that I would like to house hack, I am looking to purchase a move-in ready home for $480 and rent out 3 out of 4 bd rooms. I’m expecting a tot...