Jason Hatfield
Quit Claim subject to Existing Mortgage Deed
I am currently in a BINDING contract with a SELLER of a residential piece of property an I am the BUYER for the sum of $20,000.00. The contract is seasoned, and is sitting at a Title company ready to close. There is a...
Jim Herbst
Contributing to 401k or 403b or ROTH vs. Saving for Down Payment on Investment Property
I have been inspired by the podcasts and insight on BP and appreciate how a LONG-TERM buy and hold approach (my niche and strategy) can lead to quite significant 'passive' income streams over time. I also understa...
Greg Ghunt
Fannie Mae Homepath Foreclosure - problem with deed description
My closing attorney wants to walk away from this Fannie Mae Foreclosure property, get my deposit back and forget it. Essentially, the deed does not describe the property boundaries, but rather refers to a lot number o...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...
Lola C.
Does this sound like a rental scam? Please help, need to sign lease
I've been searching for a rental home for a while now. Finally found one that fit all the criteria via Westside Rentals (I'm in SoCal). There were 2 numbers listed as contacts, for "Rob" or "Katy." Rob did not answer;...
Jag Sekhon
Investing Out of State?
As someone looking to buy their first buy-and-hold investment property sometime within the next year or two, it's really disheartening analyzing properties in my area. I live in San Jose (right in the heart of the ...
Jason Merchey
Doom and Gloom? I Read a Book by David Wiedemer & Robert A. Wiedemer
I read Aftershock, the latest edition, by the brothers Wiedemer. It was fairly dark, much about our economy being a multi-bubble economy, the weakness in housing for various reasons (including the 50% or so cash tr...
Kathi Miller
ESA and Service Animal Question???
Hello, I recently (May) signed a 6 month lease with a couple who straight up told me they have no pets, as I have a no pet policy. They are to move in Sept 4th. They called me yesterday, Aug 1, to tell me they have an...
Bob C.
"What do you (Mr/s. Seller) think your house is worth?"
I was listening to Podcast Show 81 the other day and one of the things Michael Quarles said really surprised me. He said that when someone calls him to sell them their house, he does not (ever) make an offer. He (ess...
Mabel L.
Re: What would you do with a lifetime leased unit?
I need some input for a SF specific situation that no one but those who knows the tenants laws in SF could possibly understand:I purchased a 1 bdrm TIC to live in, moved back home temporarily (so I thought) when my mo...