Hello,
I am just starting out. Working on my first rental property. Have to make some repairs. I am also interested in purchasing another property that is ready to go with minimal repairs needed to start getting some...
The wife and I have been looking to get into rentals for some time now, section 8, to be specific. I own a few online businesses and in negotiations to purchase another local physical business within the next month or...
Greetings BP,I own a property, have managerial experience and I'm looking to move into property management. I know every State has different requirements but I thought I'd come here and ask those with experience wha...
I have a subscription to realtytrac.com. For a particular property I'm interested in, which is scheduled to be auctioned in Sept., I can see that the "Balance Due" is $157K, but the "Opening Bid" is $110k. Why would t...
Hi. Has anyone established a company (llc or other) to manage your own properties? Does it help from a tax perspective? Pros/cons etc.?Thanks.
I mail to absentee owners and probates. Almost every calls I get I was asked where do you get my names and addresses. I usually tell them this is public records. Maybe there are more brilliant answers out there, your ...
Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
I think most seasoned investors will agree that you need SOME money starting out. Most of those 'get rich quick w/ none of your own money' crap is easily bought into but no real substance. As a few days ago I've start...
Need some input from my fellow BP friends. In my old neighborhood, I was told that the original owner of a small house passed away many years ago. The person has no living relative per neighbor, since they were close...