Justin Williams
I have a few questions
A friend of the family owns, free and clear, an abandoned SFH (1200sqft 4bed/1bath) in need of gut rehab. Currently 5 years behind on taxes (~10k in taxes owed). He wants to give me title to the property. How can I to...
Evan Hauler
Borrowing money from relatives
Hello everyone!I am looking to buy my second property, I purchased the first using a bank loan. Now my parents are wanting to buy the next one in cash, due to high interest rates. How best do I go about doing this? Ar...
Varinder Kumar
best way to market my rental
Ok so my first ever rental is going to be done in a few months and I would like to know whats the best way to market it. I am going to go through craigslist since it is a free service how ever I would like to know wha...
Jeff Takle
Using a Solo 401(k) to protect real estate profits
Would be interested to hear if anyone has more/better/different information on this issue:
I just set up an Individual 401(k) for my consulting company, which is a single-member LLC. I'm wondering if this might also ...
Alex Hamilton
Pending Foreclosure on a Sale Subject to my Owner Finance
Failed to collect Property Insurance and Property Tax on my promissory Note now buyer refusing to pay $15,000 delinquency on mortgage that is $709 per month @ 4% with $93,000 balance now pending foreclosure. Any sugg...
Betty Xin
Househacking multifamily for Newbie in New Jersey
Hello!
My name is Betty and I’m a brand new aspiring real estate investor. I’m so thankful to have found the BP community. Nice to meet you all!
My boyfriend and I have been looking to settle down and purchase a ho...
Serge S.
Self Storage opportunity
I ran across an interesting little self storage opportunity. This facility consists of a paved lot with 80 concrete block storage units and a 160x200 open gravel lot (about 100 spaces) for autos, boats and RVs. 10’ ...
Steve LeBlanc
Mortgage Brokers are Clueless
This is a venting post, so please bear with me.
I just spent 60 days in underwriting with Mutual of Omaha, Chesterfield MO only to be told today that my credit request was denied for "unable to verify income" and "ca...
Corine Haener
Three way split - 2 contributing downpayment 1 taking on mortgage
I'm interested in getting feedback on this scenario:Three people go in on a partnership on a rental property. Person A contributes $30K to downpaymentPerson B contributes $40K to downpaymentPerson C takes on a mortgag...
Account Closed
Property Manager or Landlord First rental
Hello Everyone!So as the title states, What is everyone's take on this.I am in the process of putting my first property up as a rental. I found a property management company that charges 10% all in, no other fees, etc...