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Hey BP Family,I am hoping that someone can help me answer this question. Is it possible to buy a property from a Irrevocable/revocable trust? I see properties all the time that are held in these trusts, and I pass t...
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Let's say I buy a 2-4 unit property with an fha loan, live in it for a year, and then I sell it with owner financing. Is that allowed? And that means that the FHA loan would still be in my name, right? Would my DTI ra...
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Good Morning, I hope everyone had a wonderful Memorial day weekend!I have found this site extremely helpful in regard to renting/land-lording! I appreciate everyone's insightful input! Our current tenant is in militar...
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Hi Investors,One of our tenant recently moved out. We are still waiting for quotes for some of the fixes. If we have not fix the issue yet(cracked tiles & garage doors), can we still deduct the security deposit?...
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The letter states the following:
FULL RECONVEYANCE
WHEREAS, John Smith, is the Trustor, Bank of America, N.A, is the current Beneficiary and ReconTrust Company is the current Trustee under that certain Deed of Trust ...
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This article is for tax sale investors who want to earn redemption interest income. Investors who want the real estate should read this, also, because sometimes their plans go astray and an owner redeems.In Alabama, s...
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My husband and I are under contract on our first rental income property and wonder if anyone has switched it over from their personal name to an LLC right away? Or waited.
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I am looking for some guidance on managing security deposits, repairs, and return of the balance from a bookkeeping standpoint. This is the first time I am going through this and I want to make sure I am handling it ...
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When you get a brochure for an asset in Note Investing, and the displayed Rate of Return/High Yield Return on Investment is 6%, 8%, 14%, how is that calculated? I have done research and am seeing different calculation...
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Hey all, I had a couple with 3 kids move into one of my apartments a few months ago. We gave them a 7 month lease so it renewed on Aug 1st with the rest of my leases and if all was well, I'd renew them with a 1 year ...