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I've targeting a property in my area that is soon to be listed at a Sheriff's Sale. Prior to the sale I want to make an offer to the current owners for the price of the outstanding debt and property taxes. With t...
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I am currently under contract with an individual who purchased a property, via Florida Tax Deed Sale, less than three months ago.
I have looked up the county records and he did actually purchase it from the c...
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I am in the middle of acquiring a property for $25k here in Indianapolis. I originally offered $5k down, $500/month, and 5.55% interest (alliteration not intended). The seller's broker countered with $10k down with pa...
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Hi All, I'm flipping a condo in Cook County (Illinois) and recently discovered that the GC I've hired and paid more than 80% balance of labor has not paid the subcontractors. I have receipts and bank statements to sub...
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I am looking at purchasing a non-performing 2nd note on a property that is barely above water on the 1st mortgage. It hasn't been paid on in over 8 years and am curious what the typical discount would be for a $110k...
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Hey you all. I am under contract on a 24 unit Class C building (one bedrooms and two bedrooms). The owner has been self managing and the property is messy and any work done on it has been "half-ass" The building has g...
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Hi BP,As I start to acquire more and more properties, the efficiency of my records of expenses/income/ROI is getting complicated and honestly not as organized as I would like. Not being a complete expert with excel h...
Tenant left with a PGW bill of $5000 plus. I am in Landlord Cooperation Program but still unsure if a lien will go against my property since the amount might of accrued before entering in their program. Tenant is dem...
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Looking for what others are doing here. I'm having a really tough time doing my accounting a way that isn't totally confusing and sucks up half a day at the end of the month. I use Buildium and LOVE it for the propert...
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Hey everyone, I would just like a shove in the right direction. My credit is 780, no debts except my mortgage. My house is valued at 224,000 and I owe 120,000. So, I was thinking I could take out a HELOC on my curr...