Hi, I'm relatively new to BP and have searched around the forums for an answer to this, but couldn't find a definitive response.  My partner and I have been buying rental properties in Albuquerque for several years. T...

Hi,I recently bought a property and already closed the deal.During the inspection we found that roof needs to be replaced. We asked seller to give credits before closing for required repairs but seller agreed to do re...

I am trying to rent out extra rooms in my house, but It seems like absolutely nobody wants to pay for the application fee. What can I do in this situation? I have had an ABUNDANCE of people interested, but nobody will...

**Rant Alert**I HATE showing a property for sale or lease when the current tenants have NO IDEA I'm coming. They're sleeping, on a Zoom call, furious at me, or worse, outright refuse to let me in.
I'm a Realtor, inve...

Hello BP Community,We sold our home and the portion of the funds (~ 400K) that had to be wired to our Mortgage Servicer was sent to a fraudulent account (Wire fraud) by the title company. While Title company is invest...

I have a few questions in regards to purchasing a Performing Note, What does UPB stand for? It is a percentage down on the actual asking price of the Performing Note? Also if a percentage is not being requested, ar...

Lately I've been contemplating a cash out refi on my primary residence (because of the 5% rates); I was reading some old forum posts on refinancing and thought about this:

Why would someone cash out refinance in or...

Hi I have a tenant that is moving out after 6 months of a 12 month lease. She gave me 2 months notice thinking that was acceptable because in the lease it says 60 days notice for renewing the lease.I can’t find anythi...

Hi,
I got the document for analysis of four unit property which was built in 1900. The following shows the summary of the form 8835 (I believe equivalent of schedule E)

For 2008

Gross Rent 16500
Total expense 20400
...

I'm considering moving and buying into the Bellevue / Redmond/ Kirkland area. Ideally  I'm looking for a 4 bed/3ba arrangment.  I expect the property to be my primary residence but I'm strongly inclined towards one th...