James Wicker
Deal Structure - A relative owns an empty diamond in the rough
My wife's nephew owns a 1943, 1000 sq ft home in south dallas. The home was purchased from the estate for 50k and is in poor condition and without a tenant. Identical homes in the area retail for 200k. The nephew does...
Erin K.
Insurance question for buying new properties
When we purchase a property and go to add the property to our policy, they always want to know what year the electric and plumbing was last updated. Frequently, either the seller doesn't know, or when it is an REO or ...
Neil Blalock
PMI Drops off after 78% LTV??
Hi BP community, I was hoping to get the answer here for this question. My lender has approved me for my loan and said I can do 15% down instead of 20% and the PMI will drop automatically after 78% LTV. My dad who has...
Art Maydan
Tester Callers for Catholic Charities Program?
I know the city does test calls to landlords and PMs asking if they take Section 8 and you've gotta say the right thing. I've been getting lots of leads from South American refugees asking if we work with the Catholic...
Justin Smith
Negotiate Down a judgment\Lean before selling Commercial Property. Advice please
I currently have a commercial property that I have for sell and is under contract. I have had the property for many years since 2011. The property is being sold due to a divorce. While I was originally purchasing the ...
Sara Lung
Can I flip a california tax auction property?
Say I buy a house at the California county tax auction (Bid4Assets), I rehab it, and put on the market for re-sale, will I be able to give my buyer clear title?I heard there is a time period I must wait after my tax a...
Curtis Brown
Rehab/Refi/Rent/Cash out
I want to make sure i have this right. Say I buy a rehab using a hard money loan to purchase and rehab the property. And instead of selling the property i want to keep it as a rental property. But i also want to refi ...
Julian Dover
Need advice to evict someone from the property
Hello my aunt unfortunately passed and she left me her condo and I wanted to evict her husband for multiple reasons one being he thinks he is going to stay there and not pay the bills and me basically take care of him...
Alessandra C.
Written Rental policy detailing guidelines on Sreening /Application-no criminal history
I am trying to create good policies for Screening Applicants - NO CRIMINAL HISTORY- may be too strict- It is hard to decide and I would like hear what is your experience or input:1) speed tickets- how many infracti...
Jeremy Julian
California squatter (no lease) 3 day notice?
My grandfather willingly let a friend of a friend move into a studio apartment ADU in his backyard.It has been a couple of years now and she has piles of junk inside and outside of the unit and has also been throwing ...