Hi! My husband and I were first-time buyers and just closed on our house a few weeks ago in Virginia. Since we moved in, we have found numerous undisclosed/concealed defects in the home (e.g. gap between slab foundati...
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Hello, Anyone have suggestions?I found an abandoned property not too far from me in Massachusetts. According to the only neighbor, the owner left 8 years ago and never came back. There is no mortgage but she has not p...
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As I was browsing through data for potential recession predictors, I ran across none other than an index specifically designed to determine when recessions are taking place! The index is actually designed to estimate ...
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We are looking to close on a deal that has taken a total of about 11 months to get approved. When we walked the property we came out with about $5,000 or so or of repairs needed on this property for various items such...
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I'm considering a strategy that would utilize a line of credit (say $75k) to purchase properties in the $30k-$75k range. Once purchased, I would utilize the LOC to update the property and then advertise for rental. ...
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I purchased a property in December of 2014 and have just received a default tax bill from 2012. My current year taxes are paid. This default showed on the initial preliminary title report I received and I inquired abo...
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I have a tenant (a non-profit business) who hosts a huge summer event here, and they are suppose to move into our place in June. This is the 3rd year we worked with them, and they are great tenants. They signed and pr...
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Hey fellow big pocket members,
First time home buyer here. I’m really excited about buying my first house in the Sparks/Reno, Nevada Area. I feel I may have come across a house I really like.
However, long story sh...
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HELP! I am in pe-foreclosure! I got a person approved for a hard money loan, we purchased a property, and, prior to maturity, we found out that we were not able to refinance due to my guarantor's debt to income ratio....
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My question is: should I get one checking account for the deposits of all the tenants in the building or do I get separate checking accounts for each tenants security deposit? I'm asking because if I get a 25 unit apa...