John Alosio
Tenant pre-screening Questionnaire
Greetings BP family.
I am gearing up to turn around one of my rentals. Previous tenant notified me that he will be moving out-of-state soon. So I have a bit of time to plan and hone my screening process.
This will b...
Tommy Harper
SEO and Carrot website platform
What is your experience and opinion of the carrot platform? Thinking of going this route to build out a buying and selling websites but am looking for a few people who either know someone who has had experience with i...
Ashley Mallory
2 Tenant issues: Signing move out instructions AND tenant wants a credit for A/C
Hello everyone, I need advice.Issue 1: I purchased a 4-unit multifamily apartment in June 2023 from a landlord who rented a very spacious/ nice 2 bedroom 1 bath unit to her daughter and son-in-law for $775 per month (...
Account Closed
Deed Fraud on the Rise, via WSJ
Good article from WSJ about deed fraud on the rise. Seems some folks think buying the house is too much trouble, so they're forging the documents and selling it without buyers knowing it.http://www.wsj.com/articles/la...
Ernesto Hernandez
Michael Quarles' Training Program
Has anyone gone through his system? Feedback? Pro's and Cons?
Andre' Arceneaux
PM not collecting utilities from tenant
Good Evening,On a SFH I have as an out of state owner, I have noticed that PM has not collected utilities from tenant since they've moved in (going on 4 mos now). I pay from my account on an auto deduction and expect ...
Cody R.
Nothing can cash flow and appreciation doesn't seem to be high?
Hey everybody.Im in the San Marcos are of Texas. Every deal that I run the numbers on for SFH just doesn't end up cash flowing and doesn't come close to the 50% rule. I would like to house hack but multi family is rar...
Marc M.
Can Banks Buy Their Bad Debt At A Discount?
Hello BPers,I am somewhat new to foreclosure investing...I've bought at county-tax foreclosure auctions, but haven't purchased anything from a bank yet.I've started attending weekly mortgage foreclosure auctions at th...
Preston Hamilton
New stipulation on Countrywide Approval
Line # 10 basically states the home may not be transferred or sold for 30 days. Escrow are to add this verbiage to the closing instructions and must notify Countrywide if this does indeed happen.
That kinda sucks. ...
Robert McEachern
Depreciation Recapture in Seller Financed Transaction
Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...