Lesley J.
Open Permits & Code Violations
I am working on an REO deal that is in need of Rehab, the property has been half rehabbed already and needs more. It appears that the garage has been converted into a master suite.
I am trying to figure out if the...
Richard Warren
Las Vegas housing numbers for August
The August home sales numbers were released for the Las Vegas market. It just shows that you can massage data to give you the number you want. Agents will probably be touting the statistic that shows the median new ...
Bruce M.
Ok, you won the auction....now what
If at a trustee auction you do bid and win, what's next.
My understanding is that the trustee gives you a special title which is from the lender which reports that the lender has released its claim on the property. R...
Clarissa Finks
Feedback on Management Platforms (Baselane? Stessa?...)
Good morning all - I've been using RentRedi for the past year but have heard good things and am exploring Baselane and Stessa. Any feedback from direct users of Baselane and Stessa that also have used RentRedi in the ...
Don Avery
REO Condo Question
I am purchasing a condo from Countrywide REO in Florida. We ran into trouble with the HOA. It seems that when a condo goes into foreclosure the banks stop paying the fees. Countrywide has agrees to pay all back fe...
Kristen Honsinger
About to buy first STR- input needed on town ordinances
My husband and I made an offer on our first investment property which was accepted this weekend. It’s a home in a very seasonal market- Bar Harbor, Maine- and we intend to use it as a STR. There is a proposal to limit...
Austin Smith
Best way to run financial operations for landlord business
Hello BP'ers Just wanted to gain insight on how you run your rental business in regards to finance operations. Do you accept rent payment electronically? Did you open up a separate bank account to track income/expense...
Michael Seeker
Best structure for flipping
I'm about to finish my 2nd flip and am looking to purchase my 3rd within the next 2-3 weeks. The first two were just purchased and held in my own name, but I'm wondering if this is the best way to do this?
I have re...
Ryan Boyce
Due On Sale clause
I heard Clay Huber's podcast about land contracts and have a question. 1)With a due on sale clause in a mortgage can you get a writen approval from the bank to do a land contract for owner finance? 2) Can you do a own...
Kim Rock
Vacation home vs Investment Property
Does anyone know the rules on taking out a loan as a vacation home vs an investment property? If youre going to rent it out but also use it? Is there a time frame you must spend there per year to have it be consider...