Hi BP Fam! Have a question for any experienced investors out there. How do you approach a multiple bid scenario in a competitive market like the SF Bay Area? I've never encountered such low inventory in my life! I...
Hello,About to close on 2 duplexes! Woo Hoo! 4 units will rent for 600/mo, should profit from everything around $1000/mo. Not a bad start to our business... Anyways, our business plan is buying multifamilies and rent...
Hey! I am unsure as this is a new idea I’ve stumbled across reading Rich dad Poor Dad What is it called when someone - buys a home at an auction underpriced- sells it for higher with seller financing - and takes inter...
I've been looking at Chapter 7 and 11 bankruptcies. In the motion to sell documents it usually states the property is "subject to all liens and encumbrances, if any" and then usually follows a list of the liens in the...
Greetings BP community,What are your thoughts around home warrantees? I purchased on long-term rental property last summer and the seller included a 1-year home warrantee. It's up for renewal and I'm 50/50 on whether ...
Hello BP members, newbie in REI needs help and advice....I was driving for $$ and came across this boarded up vacant property. Start to lookup the address and found out that it was foreclosed 2 years ago for several t...
I am interested in a property that will be auctioned in a week on one of the realforeclosure.com counties. I know I need to have 5% of my maximum bid there, but when do I need to pay the remainder? I am out of stat...
I did a BP search for IRS Lein and searched through the first plethora of pages. I haven't seen any topics relating to the purchase of IRS tax liens.
Has anyone here on BP purchased IRS liens?
Any words of wisd...
There is a property that is scheduled to hit auction court steps this coming month.Auction detail:"IN RE HAROLD W. BURKEMPER AND DIANNE M. BURKEMPER TRUSTEE'S SALE -- Default having been made in the payment of a Promi...
I registrered to bid but now have changed my mind and no longer want to bid on the house. If i do not bid,will i still get my $2,500 back which they hold on my credit card?