Dale W.
Subject to Mortgages
Hello Everyone, this is my first post... I'm currently trying to find a way to get leads for home owners who would benefit from doing subject to deals. I'm in Pembroke Pines, Florida(Broward County) and if anyone can ...
Jack Srimani
8825 vs Schedule E
Hi,
I would like to know under what circumstances does one file for 8825 vx. Schedule E.
Also I just got a schedule E from a seller. However in the tax line of the form there is no entry. The profit is being shown w...
Matt Kuhn
Is there a sweet spot for when an owner sells a multifamily?
Hello all,Weird title for this post and thanks for clicking on it.My wife and I were just married Saturday and are finally looking to buy our first home together. Our market is overheated (I know everyone's is) and sh...
Account Closed
earnest money refund
Question for the BP community. What are the conditions that allow a buyer to get their earnest money deposit back during the due diligence period, if they decide to back out of the deal due to issues uncovered during ...
Ben Bakhshi
Advice: Bank sold us one property, with two houses on it, already 2 parcels, but 1 address on the deed.
Has this happened to anyone else?We bought a Freddie Mac foreclosure recently for under $50,000. We assumed we were buying 1 house on 1 lot. I didn't pay special attention to the warranty deed at the time of the purch...
Account Closed
New deal analysis rookie investor
This is my first deal and I am looking to make sure that I do it right.I am looking at a St Louis really old 4 plex which was recently updated in a C area. (New roof, tuck point and plumbing stacks). The heaters and f...
Sam Leon
Neighbor's tree need pruning badly
One of my rental properties recently had a roof leak. The leak is caused by lots of leaves and seed pods dropping from overarching branches from my neighbor's giant Royal Poinciana trees. They have three of these pl...
Marvin Anaya
Fannie sold me an ILLEGAL 2-unit property
Hello BPers!I purchased a property from Fannie Mae via FHA financing in April near Chicago. The property is in unincorporated Cook County. After purchasing the property, I received a violation in the mail from Buildin...
Chris D.
Zillow or Trulia? Which do you prefer?
Happy 4th BP'ers!Would love feedback on which site you prefer and why for property information. AND...if there are others (realtor.com), let me know. I know the zestimates aren't that reliable. Looking for feedback on...
Sharad M.
Would you consider this deal?
Hello all-
I looked at this property today listed for $30k. The property has 4 units, each unit is 2 bd/1 ba. Each unit can be rented out for at least $550/mo with owner paying the utilities. I plan to hire a propert...