James Cheung
how to dispose abandoned personal property of a trustee sales
This is my first time buying from a trustee sales. The house is vacant. But the home owner left with a lot of personal belongings there, mostly clothes and junks. But there are two cars sitting in the backyard whic...
Manuel Angeles
USA National Multifamily Market Report as of October 1, 2023
Greetings,Here is an update on the current National Commercial Multifamily Real Estate Market in The United States of America: The multifamily trend of the past six quarters has been one of supply outpacing demand...
Brett Dufur
How to become a conservator/steward/__________
I've listened to a ton of Bigger Pocket Podcasts. Love them! A year or so back, a Bigger Pockets podcast guest briefly sort of off-hand talked about taking a bank owned property that was just languishing... (wasn't ev...
Jacob Vorreuter
Optimal tax-free (Roth) investments
I'm interested in self-directing my Roth IRA and investing in real estate.I recently read Tax-Free Wealth by Tom Wheelwright and he stresses the point that you should not nest a tax-advantaged investment in another ta...
Nick Payton
Factoring in rehab costs into "Running the numbers"
Hi BP members!
I need some direction while running my numbers for a deal analysis. When it comes to running the numbers, I know all of the basics such as using the sales price and finding all expenses associated with...
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Trying to Wholesale a property!!
I just got a call from a person facing foreclosure. What step should I take next? I already have a copy of a contract, do I need to call the bank or do the home owner have to call the bank. What steps do I need to ...
Nova Mendoza
Best out of state area/cities to invest in SFR or Multi-Fam?
My Husband and I live in California which is an extremely overpriced market. We'd like to invest in single family homes and possibly multi-family units. We are just starting out and want to do our due diligence in res...
Matt Hubert
DSCR Rent appraisal - Montana
Hey all! Looking for some others experiences with rent income appraisal for qualifying a DSCR loan.... Have been under contract on a studio condo with DSCR loan and 25% down. Sales price appraised but the rent incom...
Brian Huber
Seller financing vs. Sub 2 and due on sale clause
Hi, I know that the due on sale clause is something to be aware of with Sub2 deals. I also know that people recommend that you do seller financing ONLY on houses owned free and clear.However, why is that? If people d...
Account Closed
Hazardous Property Sold at Auction - Any recourse???
I bought a property from a sheriff's sale only to find that the property has an oil tank leak from an above ground storage tank in the basement. It was never disclosed that there were environmental issues during the ...