Mike Barry
Unique Tenant Issue Involving ComEd Repair Question....Help!
Hi All,New landlord here with a unique question. I own a SFH where my tenant had the electric turned off due to non payment. The property is located in Will County Illinois and the provider is ComEd.When ComEd came ou...
David Ellis
Replacement Property bought at less than sold property
I have another scenario to discuss. Before that, yes I'm doing a 1031 exchange and the funds are in the account now using an intermediary. So here is the scenario:Sold Property for $85,500, original purchase price was...
Michael Gunther
Tax deed auction sales and existing mortgages
Do existing mortgages get removed from a property that is sold at a tax deed sale in California? TLDR: All my research seems to indicate that an existing mortgage would be removed. However, I asked Chat GPT this que...
Luke Carl
AirBnb no longer sticking to April 14.
They are now giving “extenuating circumstances for Covid-19” much like if a guest calls and says their brother died and they let them out if the cancelation policy. I would expect the April 14 cancelation policy to ge...
Michaela G.
Atlanta investing
I've seen a number of posts by people that are thinking of investing in Atlanta from out of state, so I'm bringing this up, as it's likely not a topic that's well known outside of the city - The Beltline www.beltl...
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
I lived in Madrid, Spain for about 8 months and I am curious if it is possible for non-residents to successfully have rental properties within the country.My concern is mostly from a tax standpoint and whether it make...
Nathan Gesner
Half of LA Short-Term Rentals Breaking the Law?
https://laist.com/news/housing...
According to this article, a recent study showed nearly half of the LA short-term rentals were in violation of the law. LA collected $40,000 in fines last year, but could have collec...
Frank S.
Renting to Illegal Immigrants
I read this article and at the end, the writer said it is better to rent to an illegal immigrant than not to. I have my thoughts but I was wondering what are your thoughts? I'm in the conservative state of Texas but l...
Davit Gharibyan
Asking Questions To Syndicators
Hi guys, I need your advise/suggestions.When and if you'd invest in syndicators deal what questions would you ask to learn more about the process and vet the syndication. Let's say I am clueless about the whole thing ...
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
Hey BP family, I’m hoping to get some advice because I’ve hit a bit of a roadblock with a refinance, and I’m not sure what my next steps should be. A couple of months ago, I purchased a property using a hard money ...