Joanne Tsai
who screwed up here?
Hi BPers:I have a situation here, and this is not the first time it happened... We purchased a property in Aug 2020, closed on Aug 31st to be exact. We prepaid the property taxes for the remainder of the year (Sep-Dec...
Elizabeth S.
Acquiring Tenants - Any Tips?
I'll be closing on my first occupied property this week and wanted to check and see if anyone has any tips they could pass along. It's a duplex with one side rented.
At one point I thought I had seen a docume...
Paul Williams
Help! Title Company not releasing funds!!!
3 weeks ago I sold a house. Closing went well, and several days after closing I checked with the title company to see why I hadn't gotten the funds yet. They said they hadn't gotten a release of lien from a company th...
John Nachtigall
Sealing Eviction Records in Cleveland
Interesting Article about sealing eviction records so they cant be found. https://www.cleveland.com/news/2019/04/cleveland-housing-judge-seals-eviction-records-for-renters-offering-hope-and-second-chances.htmlYou hav...
Ryan Friess
Estoppel Review Reported Incorrect Association Dues
Hi all, I'm looking for some guidance. I just closed on a new condo unit 30-days ago, and was told from the Title company the association dues are around $230. Fast forward to today, I found out that my Association du...
Jimmie Jack Drath
How do we rehab during a sandwich lease option?
I have a seller agreed to a 5 yr. lease option, and have equity in the house based on the FMV. The house needs paint, new or cleaned carpet, and new shingles/roof. (Seller has been in it for 15 years.)
How ...
Tim Oppelt
To be clear, Is paying a bird dog $500 for a closed property illegal?
I am a real estate wholesaler in Delaware and I advertise on craigslist: "Investor pays $500 per property lead that closes". So bird dogs bring me a bunch of leads, and if i wholesale one of those, i will pay them ...
Steve Hodgdon
Beware the promises of high returns. Lots of sharks in the waters
Hello all –To beat my drum about KNOWING WHO YOU DO BUSINESS WITH! I was pitched by Woodbridge a couple of years ago. At that time I decided I wanted my name on title in real estate transactions. This way, if I lose m...
Jason Kohler
I am trying to help a friend figure out some home buyout options.
I am trying to help a friend figure out some home buyout options.
She currently owns the home jointly with her former partner, both are listed on the deed (joint tenancy) and on the mortgage as co-borrowers. As part...
Travar Taylor
Closing On A Virtual Wholesaling Deal
I have been trying to search for a definitive answer on this topic but I can't seem to find one: If I live in PA, but I am wholesaling property in Texas, what is the process of getting my assignment fee? Do I need to ...