Today we were notified that a great fire occurred at one of our rental properties around midnight last night. The tenant put the fire out, but it has destroyed the stove and cabinets above it, and coated the entire ho...
hello everyone: Does anyone out there have any ideas on how to generate income from a backyard that's hardly used? The whole property is about .5 acres but part of it is being used by a 1400 sq ft home. the rest ha...
Hello,I work with foreclosures and wanted to see if anyone has been able to buy the note on a pre foreclosure instead of doing a loan mod or short sale ?Thanks,Dewayne
We are looking at a couple deals where we will buy, fix, and sell a home to an investor who is a close friend of ours.
What is the cheapest way to transfer title to them?
One creative idea we had was that the propert...
I have a friend who is thinking to build a house and own a land in Seattle already. Currently he is looking for funding and banks are requesting blueprints of the house. He doesn't want to spend too much money upf...
Greetings,I am in discussion with a potential buyer on a condo I want to sell. The buyer wants to borrow more than the sale price, and would therefore be doing “seller concessions” at the closing table. eg, if house i...
Hello BPers and BRRRR lovers,
My partner and I got our first BRRRR deal under contract, it is a 6 unit near Fishtown Philadelphia. As we enter Due diligence, we wanted to figure out all the costs that in...
Do you apply a rent payment to past due rent before applying it to cyrrent rent?
Hi everyone, I have a question about taxes. I know I need to talk to a CPA about this really, and I will, just wanted to hear form the community also.. so here is the deal: I am under contract right now on a 3/2 town...
There is a property that I'm interested in which had its tax lien sold at the Washington DC tax sale in 2022. The foreclosure process hasn't been started yet. If I contact the person who bought the tax lien last year ...