Hi BPers:I have a situation here, and this is not the first time it happened... We purchased a property in Aug 2020, closed on Aug 31st to be exact. We prepaid the property taxes for the remainder of the year (Sep-Dec...
I currently reside in Atlanta, GA. I recently accepted a job offer in Los Angeles and as a result I need to break my lease. I officially start my new job 3 weeks from tomorrow.
A new property management company took...
I want to start this discussion by introducing myself as a new RE investor in the multifamily space. Its important you understand my background to know about this deal. In the last 3 months I have gone from 0 units t...
Hell BP,Has anyone had any experience purchasing a property on the courthouse steps in Michigan that has an IRS lien on it? I've been reading a lot threads on here that sounds like the IRS lien is wiped 4-months after...
When you buy at Foreclosure Sales at the courthouse what is your procedure?1. What's the most efficient way to find the property address as they are listed by a partial court case number withe the bank name and owner ...
It has come to my attention that a LLC is some what hollow until your business is considered commercial. Here is what I mean by hollow. Your LLC has no true assets or liabilities until your property is five units or g...
quick question, if i was to buy a home at a sheriff sale in Pennsylvania being sold for back taxes, would i inherit the mortage if the property had one?
I get the double closing. What I dont get is the assignment, how exactly does it work? From what I understand I have the seller sign a purchase agreement with an assignable clause. However what I am confused on is the...
I've noticed something of a disturbing trend on this forum. There really seem to be many people who earnestly believe that the language of their lease is always and forever controlling. "Just do ___x____, it's in th...
I'm looking into a sheriff's auction for a property where the owner is still an occupant. I'd be purchasing this with the intent for it to be my primary residence, at some point, not a fix & flip. I stopped by t...