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How to check for liens?
Hello everyone,
My wife and I are considering bidding on some tax delinquent properties being offered by the state. In the information provided by the state they list known liens on the property, but they also recom...
Vik John
Asking property management to ask tenant to provide bank statement and w2
Hello,
Have hired a property management company 1 year back . After 1 months for searching another tenant this month , he found a tenant who was divorced and forced to sell his property, as he said to my property ma...
Collin Hays
STR owners pay sales tax on VRBO's service charge?
We are currently in a sales tax audit with the state of TN. The auditor is stating that it is my responsibility, as STR owner, to pay tax on the service fee that VRBO charges guests. How could that be possible? Thi...
Melita Costoso
Listed on bank REO site, listing agent will not present offer
I found a listing on a bank REO website a couple of months ago on a property we could afford to pay cash for. it is NOT listed on the MLS. Our agent took us to view the property the day after it was listed on the we...
Martin Sterling
Short Sales on 2nd mortgage
Question about podcast 106 with Mike Sumsky If borrower is behind and the property is worth 100k. They owe 75k on 1st Mortgage and 35k on 2nd Mortgage, the interviewee on the podcast said he will get the 2nd Mortgage ...
Omar Bortolato
Tax Liens and Tax Deeds. Tools and Calendar
I’ve been personally investing in tax lien certificates lately.
If you don’t know what tax liens are, basically when a landowner or homeowner fails to pay the taxes on their property, a tax lien certificate is issued...
George Ramsay
Red flag on short sale offer
Ive been working on a possible short sale and received the following from the listing agent
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**** and I work with a 3rd par...
Ryan Blake
TEXAS FLIPPERS: Where are you finding most of your deals?
It is very tight up here in DFW.-Auctions are going at about 85-90% of ARV less repairs-MLS is getting bid up by owner-occupiers-Wholesalers are a joke these daysI am in the process of starting my first direct mail ca...
Rich Hupper
Tax increment financing
Hi I am trying to learn more about tax increment financing.1) What is it2) Who can apply for it3) What types of properties can benefit from the strategy4) Does it replace financing through a bankPlease share your exp...
Cody Hannum
Foreclosure After Getting Short Sale Under Contract?
Hello all,
Brand new, but I have been browsing this site for awhile now and am always amazed by the great info and expertise available here.
I am in the process of making an offer on a property that is ...