Jordan L.
Do you track your evictions?
I’m in the midst of my first eviction. It got me wondering what to expect in the future. Does anyone track the % of tenants in eviction status at any given time? Also, what type and class are your properties? I ow...
Kyle J.
Florida passes new law on Emotional Support Animals
Florida recently passed a new law to crack down on all the tenants who were taking advantage of how easy it is to pay a small fee to an online company they never even have to meet with to get their pets registered as ...
TJ Daniel
Emotional support pets
I have been allowing pets in our units and one potential tenant claims that their dog is an emotional support animal. I honestly don’t believe him, but want to make sure that I’m giving equal opportunity. I’m requesti...
David Stafford
Escrow Accounts for Rental Properties
Hi All,I'm looking to purchase a number of smallish rental properties and I'm curious as to the general consensus (or rules, as it were) to the incoming rental checks -- do I open an escrow (or simple checking) accoun...
Zachary D.
The Loan Officer Sends the Pre-Approval Letter to Whom?
New hopeful investor here. Have a loan officer that 'preapproved' me on Friday but today said she wants to send the preapproval letter directly to the agent. This is a little complicated because I don't have one! Are ...
Tracy Z. Rewey
What Questions Do You Ask Before Buying A Note
Hello BP Note Investors! We all have our "go-to" list of questions we want answered before buying a note. I recently put together a Baker's Dozen of 13 questions I like to ask as part of due diligence (because I cou...
Julio Gonzalez
2023 Specialty Tax Updates
There are some new tax laws in effect and others that are sunsetting, making our 2023 taxes look a bit different.
Inflation Reduction Act Updates
45L Energy-Efficient Home Tax CreditThe revisions to this tax credi...
Sheifta Anwar
How to claim HOA foreclosure surplus fund
I am trying to help someone who lost their home on HOA foreclosure in Harris County, TX. The lien was $10K and the home got auctioned off for $40K. Does anyone know the process of how can I help them to receive the $3...
Jonathan C.
FHA 90 Day Flip- From Date of Settlement or Date Deed Recorded?
Hi- apologies if this has been asked before, but is FHA 90 day rule from the date the property was purchased (settlement date as shown on HUD), or the date the deed was recorded?
Thanks, Jon
Michael C.
75k on a flip? seasoning?
I have a potential deal on a two family house in a massachusetts city
i can buy the house for 125k cash
once i own it a listing on mls will go under agreement within 1 week for 175-225k
will there be a problem with th...