So I'm using a service foreclosure.com that provides people who file for Bankruptcy here in Illinois how do you go about finding out if they want to sell the property? I know Chapter 13 usually people keep the proper...
I placed my first rental property on Craigslist 3 days ago and 10 responded so far and are interested. Here is my plan, followed by a few questions, what do you advise?
I have telephone screened a few and weeded ou...
I came across a nice looking vacant house in my investing area. I did some research, to find out a company that is known to do fraudulent foreclosures, started to foreclose on the homeowner then dismissed the case. ...
Hi BP,Quick question: Would you rent to a tenant that meets all other criteria for your rental but has filed bankruptcy in the last 5 years??Thanks.
Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...
I hired a contractor to start work on a project and was supposed to start at the beginning of September. I did the research, and everything (License, insurance, and bonding) was good (Legitimate). I gave him a 50% dow...
I am starting a new lease with a tenant that is likely to declare bankruptcy on a underwater mortgage and consumer debt. That discussion aside, where does monthly rent fall in the equation? I know the security deposit...
Have you ever been given a falsely positive review from a previous landlord, in order to get a bad tenant out?
What do you say to a seller when they ask how does a short sale benefit me after I've done bankruptcy? Are there even any benefits? What I've been saying mainly is that its added protection and gets your name out of i...
Need some help on what options I have with this 2nd note in California. The borrower was in CH13 bankruptcy. My note was crammed down because the house was so far underwater. Throughout the bankruptcy plan, they paid ...