Please I’m desperate for guidance on this matter. The balloon payment due to me as a private lender has not been paid. At the first of May The borrower asked for a one year extension. I agreed to a one year extension ...
Hello BP Community, I hope everyone is doing well and staying safe! I wanted to get some of your feedback/suggestions on my struggles when analyzing deals in my area. I became a PRO Member this morning and have analyz...
HI all, Thanks for all the discussion and help going on here. Hope I can contribute soon, but at the moment I could use a little help.We bought our first multi-unit property this summer and had to evict a tenant for u...
I want to sell a piece of rental property in Colorado and buy more rental property in North Carolina. How do I keep from paying capital gains tax?Can I use some of the profit to pay down the mortgage on other rental p...
Hello, I am selling a home in Houston, have 2 offers. One is going conventional (20%) down (offer amount is 150K), and the other is FHA (152K offer with 2K) towards closing. Which one is better? Both have pre approva...
I wanted to move to and invest in real estate in Florida for along time. I am having second thoughts now, insurance is high, hurricanes can destroy everything, and I just don't feel as confident as I once did. I love ...
I just got under contract today for a property listed on auction.com. It was on the MLS for $69k back in January. It was lowered to $58 then $54k just before auction.com got the listing. I did a pre-auction bid for...
I have a family member that asked me about an issue he's having with his current landlord. I told him I'd ask the community to see what everyone thinks.
He and his family are currently renting in Colorado. They'v...
I purchased a duplex ( 3br 2 ba 2 car garage) 3 years ago an inherited a tenant. The tenant has lived in the unit for 8 years and pays rent on time. She is complaining about the carpet which is 20 years old. The carpe...
Hi All,I've run the numbers on a few investment ideas in Indianapolis, the numbers look good on paper, but the cash flow seems to be to be helped by the low property tax rates. I'm curious people's thoughts on the ris...