Patricia Baker
Looking for advice on Co-Share property
Hi All, newbie here. I purchased a property in a Del Webb 55_ community, with my parents in Indio CA, 3 years ago. My parents have been living there until recently when I had to move them back to the Bay Area due to h...
Duane Angell
MEDICAID / SELLING A HOME
I found a distressed property for sale.
The owner is in a nursing home and the daughter that has power of attorney wants to sell the property and put the money in the owner’s estate. Medicaid is paying the nu...
Reginald Guercin
Short Selling with equity.
Hey BP, What if the home owner only owe 50K and the property is worth 150k so he has equity of 100K. Can you offer 100K to short sale the property and will the bank accept it?
Max T.
Managing class C when you're used to A
I am a 28 y/o investor managing my 4 properties since purchasing my first at 23. All class A. No problems with tenants. Everything in great condition.
Recently i branched out to an out of town owner of a beat up tri...
Daniel Luedtke
Offering complimentary stay to friends and family
If I offer a complimentary stay in my short term rental to friends, property managed by management company, do they still have to pay taxes and fees, besides cleaning fee?
Jennifer Rodriguez
Utility Protocols in Chicago
Hi everyone,I'm a new investor and beginning the education process before deciding to buy my first multi-property in the city of Chicago and/or surrounding cities. I had a question in regards to utilities. Does anyone...
Account Closed
Short Sale objections
Hello,
Some of my pre foreclosure owners are perfect candidates for a short sale, (1st and second notes are about equal to the market value, or are upside down) but they have basically given up on homeownership, and a...
Arjay Estrella
Should I Evict or Suck it up?
Hi everyone, I have a rental property in the Bronx, NY and my tenants have been living in there on a month to month basis since December 2021 (original lease started December 2020). I want to increase the rent but the...
Sam Abe
Mold caused by tenants
We have squatters in our house. They are reporting mold issues after squatting the house due to covid for over a year. For the past year they lived they never reported anything to the extent that due to fear of evicti...
Warren Shinnamon
Do I need an LLC, or is Landlord Insurance enough?
Hello! I own a single-family house in Portland, OR in my name. Purchased in October, 2021, for $528,000. 30-yr fixed rate mortgage at 2.875%, $85,000 down payment. Currently ~$425,000 left on the mortgage. WIth proper...