I purchased one of the REOs from auction.com (the deal is closed 2 weeks ago) and so I am trying to verify everything that I did everything correctly. The deed is special warrantee deed. Upon closing, I did not receiv...

Hi folks,We have done direct marketing in the past to absentee owners. We got a 6% response rate.We are looking to market more and would like to know your thoughts and experiences.1. Letter or post card, which one do ...

I am looking for information regarding how HCAD handles a property with a homestead exemption where part of the property is used as a rental. In all definitions, the property qualifies for a homestead exemption but I ...

I have just received accepted HUD contract packages for 2 properties each with a different asset manager. I received the appraisal on one of them but not the other. I contacted the asset manager and they replied "H...

Hi Everyone, let's talk seller financing. I am becoming increasingly interested in asking for seller financing as a way of purchasing residential real estate for flips and rentals. I am curious of those that use this ...

I have rented my condo in august 2013 using property management service.
Tenant paid whole year in advance ( lump sum/single payment ) .

I have received sum of 9000$ from property management and that is aft...

I have found lately that the number of applicants to my units has dropped significantly. For this reason, once I have someone approved, I want to send the lease for signature with a short time limit, so I can quickly ...

I recently received notification from Citizens that they would not be renewing my policy on a townhome I own. According to their letter the roof "has less than 3 years of remaining useful life, and no documentation su...

Good Day BP Family,

I stumbled upon this information regarding a change (at least to the form) the IRS has made effective Nov 2013 regarding estate assets. Its a disclaimer paragraph added to Form 10492 which...

I sold a property a few months ago via seller finance. The buyer is backing out due to family emergency. How should I do the bookkeeping on it? My contract says in case of default, all the moneys paid will be treated ...