Nicholas Varner
Frauds and who they target
Interesting article in the New York Times about "Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes". The story details Shell Companies that target desperate, poor sellers in neighborhoods in Broo...
Sandra Roddy
Asset Rich and Cash Poor LLC
Recently, I took over management of my elderly father's real estate portfolio (i.e. mainly single family homes). All of his properties are paid off, but most have deferred maintenance which I would like to address. ...
Account Closed
Section 8 Question
If I close on a MF that has one section 8 tenant (whose lease expires at the end of April) and do not renew the lease, does that automatically mean I am agreeing to take on Section 8 going forward? The MF that I a...
Armand Gray
Understanding "Transfer on Death" (or similar) and buyouts for TOD contracts.
Hello BiggerPockets Community,
I'm a new out-of-state Real Estate Investor based in California (I work as a SWE at Google as my W2) and I'm working on brokering a potential deal between friends and a prospective land...
Roger Gelpey
AL quiet Title time frame?
We applied for and received two tax deeds on adjoining parcels in Mobile last year and are looking into quieting the titles on them. A little context: the parcels belonged to an elderly gentleman who is now deceased. ...
Michael Madden
Purchasing Property with No existing Security deposits??
Hello all,1st of many posts im sure.Im purchasing a 4unit building from an elderly owner.Her husband who recently passed away, never collected security deposits from any tenant.I don't know the reasoning, nor do I car...
Tyler Frost
Subdividing Land Contract Property
About 2 years ago by brother and I bought 20 acres from an elderly family member. We bought it under a land contract and are paying him monthly. We owe on it for about 6 more years. We are contemplating building spec ...
Darius Lipsey
Security deposit from seller?
Hey BP,I have a duplex under contract which is being sold by an elderly woman who Is living in the larger of two units. She wants to stay where she is for undertermined of time after closing until her new living arran...
Rob Sawyer
Using HELOC to Kickstart REI Journey? - Advice Please!
I'm getting a HELOC on a paid off vacation home I 50/50 co-own with an elderly, health-compromised relative whose credit is MUCH better than mine currently and plan to use the proceeds to completely pay off higher int...
Yezenia Hernandez
Newbie Investors at last BP Con? What did you learn?
Any first time/newbie RE investors attend the last BP Con? I'd love to hear about your experiences, especially if you learned anything from the panels/breakout sessions! Any newbies planning to attend this year's BP C...