Leslie Crosten
Federal Tax Lien on Auction Property
I am looking at purchasing a house via online auction. It states the seller will "pay delinquent property taxes and any delinquent HOA assessments in accordance with the applicable Purchase Sale Agreement."
It also h...
Jocelyn Doumani
Help! My tenant is a drug dealer.
My husband and I purchased our first investment property. We renovated it and found tenants to move in on the first of this month. Today, someone randomly reached out to us and warned us about this tenant. That he is ...
Jason Young
Cashing out 401k for rental
Hey BP fam,
Hoping to reach some savvy investors with this question. So I decided to close my old 401k from a previous company. I was going to move it into an IRA.
When I talked with my IRA rep he says I shouldn’t ...
Joel W.
Would you discount rent for the less fortunate?
Hello All, Just sat in on a presentation given by a lady that runs a non profit that sets up homeless veterans with a myriad of resources to help get them off the street. One thing that struck me was the request for "...
Cassandra Sifford
Tenant Screening - Previous Landlord Disappeared
Good day BP!!! I am screening my 1st tenant and she seems good on paper ... so far. She's given me her pay stubs, ID, completed application and the app fee. I've verified her employment with HR. She's been with th...
Shaquetta Chittams
EMD Battle
My husband and I put a contract on a home. During our home inspection, we found there was moisture in the basement and potentially mold based on our inspector's radar. He also noted the patch work around the foundatio...
Denise Evans
Alabama Tax Lien Sale Auction Season
Shelby County, Alabama kicked off the spring tax lien investing season with a bang on March 27, 2017. The big investors bid down redemption income to an average of 6% but that's still a respectable return in today's ...
Eric M.
Lenders, do you have borrowers pre-sign DIL?
I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
Rich Weese
40% loss in net worth in last 3 years
I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...
J Richardson
Can I improve my process?
I've been renting out my property for a few years now and haven't had any major issues, just wanted some feedback if there's anything I can do better to improve the entire process and a few questions.
1) Advertising
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