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Can anyone who has owned a property for a long period of time confirm that the money they spend over 27.5 years is approximately the original cost of the structure? Is this supposed to be maintenance, or are capital e...
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Hello, We are Rich and Jessica that are in the DFW area that have just joined the great BP community. We wanted to introduce ourselves as we both have mortgage servicing experience handing loss mitigation with pre-fo...
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I found a house that is being sold on owner finance. The numbers work, with about $300 a month cash flow using the 50% rule and 2% rule.
Question is, what are the pitfalls of buying on owner financing? What...
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I recently sold a property, but I still receive notices for paying property taxes and utilities. How should I go about addressing this? It should be the new owner's responsibility now, but it doesn't seem like these h...
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I am planning to see property A to buy property B using 1031 exchange.In order to get top dollars for property A, I need to do some home improvements (paint, carpet, etc.)Is it possible get money from the 1031 exchang...
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Hi everyone. I have a family member whose deceased Mother's house is scheduled for trustee sale.I'm very knowledgeable about foreclosures in New Jersey but damn near clueless about them in CA.He wants to postpone the ...
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hey everyone! i was wondering if i do have enough money to have a answering service could i use my voice mail. and if so what should i say? i intend to wholesale deals any advise will be greatly appreciated.
p.s. doe...
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ok, here is what happened..we evicted a tennant and she left. She destroyed the apartment. how do I go about getting my $$ back...My property manager said there is nothing we can do w/out her current address. "THE G...
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Hey folks!anyone have any fun/clever ideas on great ways to add additional revenue opportunities by offering onsite upcharge options to guests? i know a few people who partner with local chefs or massage specialists, ...
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I'm hoping to find more information about a seller receiving a 1099 and being responsible for income taxes for the difference between the sale price and the outstanding mortgage during a short sale. Does this always t...