Tiffany Grant
Why so many Quit claim deeds in Detroit?
Came across “quit claim deeds” for the first time today as I was researching low cost houses/rehabs in Detroit? Is it best to steer clear or just research to ensure the title is clear?
Lisa Casey
How to report expenses on a rental when adding an addition?
We decided to add an addition, master bedroom/bath, to our rental house. It did not go as planned and need advice on how to report expenses with no current rental income on my tax return. The rental house was shut do...
Dennis Pressey Jr
Help Save My Deal - Loan and Deed Names Different
Hey forum,I am not versed in this situation and am looking for some quick options to close a deal here....Property X has a mortgage balance of $75,000 in the name of the Husband. Property X has a quit claim deed in th...
Andrea Coulter
Tax question for a loss on a rental property
Hi BP community, I am a small investor from upstate NY. I have 5 rental units, 1 a single family home and 2 two family homes that I rent.I am Wondering how the math works when calculating a loss on one rental property...
Jose Vargas
Would I be able to refinance a property with a quite claim deed?
A neighbor is behind on his taxes for the past 3 years and haves 2 weeks to redem the property. He said he will sell the property if i pay for the back taxes. The building needs a lot of work and he just wants to move...
Natalie Kolodij
Returning yard in professionally landscaped condition?
Looking for some feedback....Our prior rental house we just vacated was fully professionally landscaped prior to us moving in because it was listed for sale. When they couldn't sell they decided to rent the property....
Riley Jordan
Rental Insurance coverage requirements
What are people requiring as a minimum coverage for tenant's rental insurance. The different line items seem to be; contents, loss of use, personal liability and medical payments to others. I realize this likely var...
Eric M.
Would appreciate attorney opinion...mortgage modifications/liens
Long story short. This is for the purposes of a foreclosure auction. 200K original first mortgage. in 2013, modification recorded indicating that principal was being reduced from 170 to 130K and a HUD partial claim wa...
Account Closed
Quit Claim Deed Question
Hello Bigger Pockets family , I have a situation concerning a quit claim deed.
Homeowner is in pre-foreclosure but has quite a bit of equity in home.
I am going to put minor rehab on property and sell the home at mar...
Vineeth Hh
Recommendations for best STR Insurance providers in 2021
For investors who have STR properties that they're renting nightly via Airbnb/VRBO - what insurance provider are you using that has worked out well for you?I've reached out to multiple places to get quotes(All-State, ...