Hi Everyone,I closed on my first TK property in Memphis, TN on August 17th. Yay me! Found out during the rehab's home inspection that there were (inherited) tenants in the property during the rehab, I thought this was...

                                                                            Panic! Landlords Cannot Take New Pass-Thru Deduction! NOT.The IRS just came out with proposed regulations on the awesome new Pass-Thru Ded...

I just completed my CE for my mortgage bankers license here in Oregon today.what I found interesting and wanted to share is there was a module on license requirements as it relates to selling real estate.State of Oreg...

Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...

Property appraisal value: 265K

Borrower's down payment: 79K

You 1st trust deed: 132K

Seller: 2nd trust deed: 70K

Two year balloon

In addition to the high combined loan to value, what e...

So I have to share mine, because it just happened this week. We went back and forth with the tenant in our rental home but finally convinced them to move out without having to go the eviction route. When they did fina...

Hi Everyone, long time lurker, first time poster.  I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...

We are in great state of Pennsylvania and have tenants who have been renting from us for 2+ years. When they initially rented from us, they rented an apartment in a property that I personally owned. Now they are renti...