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I'm sure this answer varies by state (I'm in Alabama), but I was wanting to know how everyone handles this situation, whereby a Tennent moves their trailer onto your property, then at some point later stops paying lot...
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lets say in 2006 somebody bought a house for 200K (Chicago, IL). it appraised back than and the note was signed, mortgage was recorded. Then the note was assigned several times. Now the house is worth around 20k in as...
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Hi there,Question to the forum. I've a got a distressed seller who has been given the option to either short sale, deed in lieu or catch up on payments (worth around $16K to catch up). Bottom line he wants to short sa...
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I am curious, if you use a self directed IRA in a BRRR strategy, when you refinance the house, can you take some of the proceeds out as cash; or, does it all have to stay in the IRA?
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hello all,I'm looking for some advice.... Why else would I be starting such a threat... LOL.Basically, as the subject line indicates, my business is not producing as much as it needs to financially. For the last five...
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Hey guys,This is my first time posting on BiggerPockets, and my first time I am actually heavily considering a deal. This is the BiggerPockets Rental Calculations: https://www.biggerpockets.com/...I feel like I used r...
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Hello BP, I have a question about a property that I think could make a good subject to deal, but because I'm new to all this I'm not sure so I'm seeking some guidance here from the more experienced investors.History...
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We rented out our house for three years, using the services of a local property manager. It wasn't disclosed to us until near the end of the lease that the tenant was late 25 times, and no late fee was ever collec...
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Hi everyone,I have a tenant is a great tenant. Pays on time, is kind, keeps the home very tidy, and doesn't complain a lot or break things. Recently my tenant informed me they have been prescribed a service animal for...
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Update 1: 1.1.14
Hey guys, it's Gabe with my first update on my experience with my first 3 weeks of real estate regarding my first batch of yellow letters and also my experience with bandit signs.
My Act...