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The mortgagor of one of my "sub2" deals asked me if I would be effected if he/she files bankruptcy. Currently home is deeded to a land trust. I own several "sub2" homes and this has never come up. Has anyone experi...
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BP Im currently investing in a market where there is low income and inexpensive properties.A big development its being constructed in this area where it will produce around 1500 jobs.Right now most of the rent it's pa...
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This is the dillemma I am in. There was an unknown water leak in a pipe between walls at my primary residence ( betw master bathroom and a bedroom. I only got aware something was wrong when the adjacent bedroom wall i...
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I bought this with the intention of turning it into a rental. I had my offer in the first or second day it was on the market, full offer, no financing contingency. It should have probably sold for way more then aski...
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hello BP! I am selling 2 of my rental properties in Indiana and now in escrow, it seems we will be closing on time. My question is: I was planning to do a 1031 exchange and found a condo in San diego and got our offer...
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So I talked to a seller today, and they informed me the renter had an agreement to exercise an option to buy the home. I've never ran into this with all the buying we do here in Virginia, so it made me step back for a...
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What are things that I need to be aware of when choosing a hard money lender? Are there any specific questions I should ask? Do you have any recommendations for good ones? Thanks in advance for your response.
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Okay,my son has already decided to have a couple open houses for his rental. Would it be alright to offer refreshments? We figured that would keep people there looking at the house for a longer time period, which wou...
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The last 15 years we have seen low rates for short and long term debt from private to public borrowing. My understanding is that this was a response to the Great Recession and that investors didn't allow rates to hit ...
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Hi - we are putting an offer in with a wholesaler. However, we're not sure if we would be liable for any back taxes, delinquent payments? Thanks,Dan