Anna Weitnauer
Pre-foreclosure; how to approach owners
I am new to all of this. I have cash (around $100k) which would cover what payments remain on the house (only $25k remaining) that is in pre-foreclosure. It was bought for $165k in 1997 and now Notice of Default has b...
Serj Savchuk
Duplex insurance review
After reading this forum, I started to wonder if I have a good insurance on my property.It's a duplex that was built in 1944, 2 bedrooms 1 bath per side. I live on one side and rent out the other side and this is my i...
Rhett Tullis
Tenant passed away/passing away
I have seen alot of things in my years but have not had this one till now. Rumor is tenant has passed. Mother came by and had her key and was driving her car. Took most of her valuables and said "she is in icu c...
Alexander Cabrera
15yr or 30 yr?? But big delta in interest rates...
Hello.I've got a primary home 30yr loan at 3.95% of which $253k is left. $1272 PI, plus a 15yr HEL at $57k. $511 PI. Home is worth $420k so plenty of equity to refinance if we choose to.I have the opportunity for a pr...
Henri Meli
Real estate purchase using 401k
I learned something recently about 401ks that I didn't know before and it really threw me off. Now I'm scrambling for alternatives.
I have been working a corporate job for the last decade. During that time I ...
Emily Haskin
How to get started House Hacking in Grand Rapids Michigan
I am positive that house hacking is going to be the absolute best option for my husband and I and we are on the same page in regards to buying a duplex for our first purchase. We did have to file bankruptcy just under...
Scott Weaner
When to Accept/Reject a Tenant with a History of Collection Judgements
I am about to make some decisions about our first rental property. I have a possible tenant, but have concerns after looking at the credit report. This is a husband/wife, with the husband being the sole earner. he qua...
Corby Goade
Full Time Investor Health Insurance?
Ultimately, my goal is to be a full time investor, but I currently have a gvt job with good health insurance benefits and three young kids and a wife. It's not directly related to RE, but I am curious what others who ...
Chad Gilchrist
Seller Worried about Capital Gains?
Hey BP hive mind! My wife and I are supposed to close on a multi unit (zoned as a 2 unit with a legal 3rd & bonus unit/in law) in Chicago tomorrow. Yesterday the seller (an older man who has owner occupied the pro...
Brian Cain
Portfolio Growth and Generational Wealth Creation
Hello BP friends. I would appreciate an expert's opinion about a fortunate situation I'm in. I'm starting my own family-owned real estate investment company. To summarize, I want my entire family to be a part of this ...