Julie Dausman
HOA foreclosure auction, outstanding mortgage
I was following a foreclosure auction and I noticed that the plaintiff was a HOA. There appears to be an outstanding mortgage on the property. At the end of the Final Judgement there is a notice in bold and underlined...
Arthur Chen
Tenant wants to purchase home
Hello all! Thank you for this great resource. We are fairly new to the REI game, but we have a question regarding a tenant that would like to purchase the property they are currently renting. It is a SFR in Pennsyl...
William Donaldson
Verbal Acceptance of Offer: Owner-Financing Questions
I recently made a verbal offer to the seller of a SFH that was accepted. This is my third purchase, but the first time I will be utilizing seller-financing to acquire a property. To be perfectly honest, I expected t...
Kyle Kovats
FullTime In-House Underwriter or Outsourced 3rd Party Underwriter
One of the most time consuming tasks for syndicators that is critically important to purchasing right is underwriting. Doing a quick analysis and figuring if a deal is even worth pursuing is rather easy. But diving de...
Brittany Scott
Filing for an eviction
Can landlord file for an eviction after taking a partial payment?
Nathan Gesner
Share Your Story: Renting To Attorneys
Anyone ever rent to an attorney? Many property managers have horror stories and this one is mine, or at least part of it.I had an attorney that was late on rent for the third month in a row. I served him a 3-day Pay o...
Yohannes Kifle
Self Directed IRA and Vanguard
This is just a post about some things I learned about opening a self directed IRA.I recently opened a self directed IRA and transferred some after-tax money in my employer's 401k managed by Vanguard, to the self direc...
Adam Demchik
House had mold..was cleaned with bleach and primed with Kilz...is this good enough?
Looking to purchase a rehab and the seller has already remediated a mold issue by using bleach and painting everything with Kilz. I am pretty sure this is not the correct method. The house had mold in the attic a...
Rick Mosca
Getting Title Insurance when using Subject2 and wrap mortgages
I was wondering if it is possible to get title insurance when buying subject2 and then selling using owner financing?My title company said they could do it but they would need to contact the original lien holder, whic...
Ryan Knutson
Property Management Career Path
Hello Everyone,My name is Ryan and I am new to BP and am excited to connect and network with you. My question is two parts and is regarding which pathway within property management is the best fit as well as licensing...