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Results (3057)
Richard C. Your lease is important...but it is not magic!
1 May 2015 | 3 replies

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...

Brad Havens Sheriff's Auctions and Redemption Period Risk
24 July 2019 | 4 replies

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...

Armand R. Loaning Out Own Funds: IRA.Llc vs Roth
10 September 2010 | 9 replies

We're evaluating loaning out some of our funds for investors seeking only wet funding/transactional:

For those of you with experience loaning out your own funds for short term transactional funding, if you we...

Megan Elliott Are the savings worth executing a 1031 exchange?
24 April 2020 | 9 replies

I am contemplating doing my first 1031 exchange with a rental I have owned for the last 8 years. The cost basis will only be ~$35k so the taxes would be around $7000 (live in NC).  While the tax benefits might not be ...

Sarah Linkenhoker Multiple Loans in Underwriting
25 June 2020 | 5 replies

My husband and I are currently under contract on two properties. The first will be our primary residence. The loan is currently in process, appraisal is done but not back yet and I was told it should be headed to unde...

Kerry W. What is the payoff for a lien that went to sheriff sale in MN?
20 October 2016 | 8 replies

I am wondering what will happen to a condo in MN that is owned free and clear except for an association lien. The lien is for $6000 and went to sheriff sale and bid at $41,000. The owner wants to pay off the lien befo...

Jonathan Beemer Do you take circumstance into consideration?
22 December 2016 | 7 replies

Hi BP!

Wanting to know if you, as a landlord, have ever taken the "possible tenants" life circumstances into consideration?
If they have a low credit score, but have had past rents paid?
Thank you!

Tony Chen Tenant Turned Rental House to Grow House
8 February 2019 | 9 replies

HI!!! Need HELP!!My tenant turned my rental house located in Inland Empire, CA to a Marijuana Grow House. We found out about this few months ago after the tenants stopped paying the rent. We went through abandonment p...

Ehab Shoukry Quickbooks tax questions
2 November 2015 | 6 replies

Hi all -I'm quickly getting more comfortable with quickbooks but as I get better I want to continue to learn more.  Currently I'm entering my mortgage payments into three accounts: principal, interest, and escrow.  I'...

Chloe Dawn Murphy So much rental chaos, need advice!
21 December 2019 | 3 replies

The past two months have been wicked crazy.
I own a 3 bedroom 2 bath house that I turned into a four bedroom student rental making $314 in cashflow. I rented 3 rooms out while I lived in one for the past two years an...