We rented out our house for three years, using the services of a local property manager. It wasn't disclosed to us until near the end of the lease that the tenant was late 25 times, and no late fee was ever collec...
I've been working on a deal in Texas that seems to have reached a dead end and I don't know what else to do. I was contacted by the seller who did not know if he had equitable interest in the house due to the situatio...
Ok folks I am looking for input. Am I cutting it too close because it is a creative financing deal? Here is the situation. I met a fellow awhile back when I was in city hall who was registering a fourplex he and ...
I've previously had some success direct mail marketing to probate attorneys for leads on distressed properties.It was over a year ago but it did produce 1 deal worth a $10k assignment fee on a distressed property.The ...
Hello BP,
I have a property in Houston that I have under contract for $8,000 and its on escrow. Title company mentioned there is a judgement on it for $9,5000.
So I am just wondering if there are some r...
Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
Dear BP community,finally it's done!! After 17 years and a great career in corporate America it was a little bittersweet but definitely awesome to finally quit my job last week. I have been working hardtowards this da...
Wow - I was just informed that one of my end buyers was unable to perform on a Wholesale transaction and since the contract is now out of date, the seller is moving on to another buyer. I even had in my Assignment...
Well damn. Its been a week since I was told the great news that she is moving on. Didn't see it coming. So here is where I stand. we own 3 total properties 2 are free and clear and the one that we still owe on (103...
I plan to get my feet wet investing in Tax Deed properties this season. I've been doing quite a bit of research on county sale sites, the internet, and on Youtube. It seems like most "pros" on Youtube either are not ...