Jonathan Beasley
In the midst of submetering apartment - need help on lease change
Hey BP Studs and Studettes. I'm pulling the trigger to submeter water and sanitation at an apartment. It is a 6 units, with 3 of the leases up in the next 30days. I have a 4th renter that is very behind in rent, and s...
Doug W.
Negotiating with Medicaid?
I'm looking for some advice from those who have purchased a home that involves Medicaid's approval.Backstory: there is a property for sale that I really like but the price is a little too high right now. It is priced ...
James W.
Auction of property with Multiple Loans?
Quick question - if the property in auction has lets say three mortgages open - and only one plaintiff is running in the auction - what happens to the other two loans?1 - Does the plaintiff add up three total loans - ...
Michael C.
Seller wants to Quitclaim from LLC to Self before closing?
Im under contract with an LLC on a rental property in North Carolina. The seller owns a property in an LLC but has a loan in their personal name. In the past the quitclaimed it to the LLC right after financing. Now...
Carrie Nevins
Eviction for non payment of utilities?
My tenant moved in last October and paid the year in advance. Her husband recently passed away and her house was paid in full, so she was able to pay using the money from the sale of her house. I've always had issues ...
Paul Sandhu
Would you house Ukrainian refugees in your STRs?
I figure the government is going to pay to house refugees until they can stand on their own feet. It's probably included in the $350M aid package. So my answer is "yes" if I'm being compensated. I read in the news ...
Arthur Mayer
How are Delinquent Taxes handled/accounted for on NPN 1sts
Hi guys, I was hoping at add a few notes to my LLC, and I had a quick question on Delinquent Property taxes on a note. In terms of analysis/due dilligence, do you account the delinquent taxes in your CLTV when analyzi...
Wayne Brooks
A Life Estate question: whether liens attach to the property.....
Okay guys, I feel like I should know this one, I have an opinion, but I'm not sure.Property worth maybe $90k, as is. Free and clear.Property titled in name of Mary Smith only, a married woman.Mary dies, husband recei...
Eric Black
Does BK discharge promissory note?
We had two rental properties with a management company in Texas. We found out, after they closed their doors, that they were closing. They owed us security deposits and rent totaling over $5,000. We got a promissory n...
Horacio Gutierrez
Family Loan for Down Payment on rental property
Hello,I'm planing to borrow money from my cousin for a down payment on a rental property, and the rest of the money will be come from a bank. My concern is that if something happened to my wife and I, my cousin would...