Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...

I am considering acquiring properties to be rented under the section 8 program. My thought is, buying between 50-90k livable (or less than 10k rehab) and being able to rent for 2% or at least close to it trumps the ca...

Firstly, let me say that I apologize if this gets long winded. I have a few issues but will break them up into separate posts to help make things easier. Since I haven't closed a deal, I figured this was the best ...

Over a year ago, I was living in San Diego, California thinking about my next move to earn "passive income" with.  I threw a dart at a map.  Just kidding!   After much thought and research (about 3 months of contempla...

I have a successful Airbnb in Nashville that I have been trying to sell for over 4 months now. The problem is that I have a STR permit I have to renew every year but I am grandfathered in to the laws from 2019 when I ...

Hi BP,I recently purchased my first investment property and quote excited!  The renovation is going well as far as I can tell.  My present dilemma is the bathtub.  It is has yellow stains  which I thought would be an ...

So we bought a small lot today that we plan to develop. The purchase was for $60k in cash using a buyer and seller broker. When the HUD came out the seller flipped out and didn't want to pay all of the commissions t...

I have a SFH that has had a tenant(crackhead) squatting since last june. The marshalls FINALLY came to execute the eviction last week.  The house is bad. Trash every where, all appliances destroyed, cabinets destroyed...

Closed Tuesday but the previous renters moved back in Wednesday.  The place they had lined up to move into ended up being sold so the landlord returned their deposit and 1st months rent.  They had no place to go but s...