Steve Hodgdon
Timeline from foreclosure to possession
Working through a foreclosure in Cincinnati OH. Awarded property in November. Borrower determined to stay in home. Mad at the world which now includes me. Wouldn't/couldn't take a 50% forbearance deal. 2 prior bankrup...
Crystal W.
Earnest Money Dispute
Hi, All. We are currently in an Earnest Money dispute. We were set to close on a vacation/investment property and at the 12th hour (literally 2 weeks prior to us thinking we were to close), our lender said the prope...
Steve Hungerford
Can I do a 1031 with the capital gains portion of the Sale......
Hello,I have a property with a lot of capital gains that I wanted to use some of the basis portion (basis plus the 250K exclusion) to buy a SFR. If so how do I do that ? Can I use the amount I believe is the capital g...
Adam Glassman
Why dont real estate agents listen to the seller?
So this is a long post but worth the read as it's educational, big time. I am selling off some of my 2 family homes as you might know and my property managers who are also the agents for me wouldn't listen to me. I sa...
Lucian Harris-Gallahue
Buying Cuban Homes, Uncharted Waters
Hey just joined up on BP,I am talking with some people about buying an apartment in Cuba, I know that there are some legit websites out there that help facilitate the deal for foreign investors, like http://www.point2...
Shaun Allison
Private Money with Self Directed
I have someone that is wanting to invest in my company. They want to roll their retirement over to a Self Directed and we need advice. They were recommended by their financial advisor to talk to Pensco and so far they...
VAL A.
Is lease clause legal? Tenant questioning it.
I own homes in another state. I've leased them out for a number of years and always had the lessee responsible for full maintenance of the property as if they were the homeowner. The exception to that is I've paid...
Chris Mandle
New owner raising rent
Just acquired my first REI. 3 plex in a C neighborhood and I would like to raise rent. Each unit is occupied and they are all on month to month. I was thinking of sending them a notice that in 3 months rent will be in...
Account Closed
Before Investing......Have a Plan!!! by Nancy Neville
When we are little we say to others….”When I grow up I want to be a….” Doctor LawyerBankerPresidentEtc.Then when we grow up, we realize that in order to be all the above we need to have a plan. We just don’t happen to...
Phillip M.
Freddie Closing Fee
I finally (long story) have a signed contract with Freddie Mac on a REO foreclosure in Florida. The contract states that "seller will designate closing agent and pay for owners policy and charges". I received the clos...