Joshua Gutierrez
Sticky situation on short sale transaction
Greetings, I’m in a bit of a sticky situation. I’ve been working a short sale transaction for 14 months now. There are two liens on the home. First is Specialized Loan Services and the second is Wells Fargo. I have an...
Derek Cole
Would you sell this property or continue renting?
I became an accidental landlord, when I bought a house 3 years ago, and did not sell the house I had lived in for 10 years.
Here are the facts:
House purchased: $200,000
House Mortage remaining: $162,000
...
Matt Inouye
Seller-Financed Note Holder Asking For CASH NOW!
Hey BP Community.A few months ago (pre-COVID-19) one of my seller-financed note holders approached me and asked if I could accelerate the payoff of the note even though the note/contract still had many years left befo...
Timothy Douglas
Scattered Lots of Land that nobody wants
My friend inherited a Real Estate Company recently and I am trying to help him get it to the point where it cash flows well enough to help his mom out through retirement. Part of that is selling off all of their crapp...
Dean Attali
Can PM refuse to use Home Warranty or give me my tenant's info?
I bought a unit less than a year ago, and the water heater in it was less than a year old at the time (it's about 1.5 years old now).
The heater is leaking. Since I have the home warranty, I asked my PM to get this d...
Nick Johnson
Where can a BP member ask about TurnKey providers?
I have had posts deleted 3 times over the last 2 hours without any explanation of how to fix the issue at hand. BiggerPockets is where I first learned of "Turn Key" type investing. Are we no longer allowed to ask abou...
Seth Gerber
Tenant legally responsible for property management?
I am making an offer on a property with a unique situation. The previous owner was related to the tenants in a two family home. The landlord would charge $2,250 per unit and then pay back $250 per month to the tenant ...
Rolando Frias
not sure how much of a deposit to ask for on a rental property
We are in the process of putting our sfh up for rent and are stuck on what payments to ask for upfront. In the past we already had a tenant tell us to keep the deposit as the last month rent and then left us a mess an...
Mason Aulsbrook
[Calc Review] Help me analyze this deal
View report
Thoughts on this property? This is a BRRRR property. Would you use the Total 80% from appraisal to minimize out of pockets which generates less cash flow or use less and more out of pocket for more cash f...
Lisa Beymer
Evaluating Current Property Manager
I am new to renting and decided to use an experienced property manager who would know what they are doing far better than I would. I'm only 3 months in and I've been very disappointed with my PM's communication style...