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I bought a property at a trustee sale when the 2nd lien was auctioned. I know that I am subject to the 1st and the 3rd is wiped pout.One month later after a rehab and property was in contract with a new buyer via a ML...
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We own a few rentals and thus far haven’t changed the locks at any turnover. As I may have a couple of turnovers coming up I’m curious as to what others do when it comes to move-time and whether a change in locks is p...
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Hi everyone, I came across a subject to deal with that would love to hear some experienced advice and feedback on the deal and if I should move forward with it. This will be my first investment and my goal is to get m...
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Really enjoyed the most recent podcast with Fat Tony. Personal finance and saving should be a larger component of the REI discussion, and it seems that Tony got started with a lot of good saving and living habits. So ...
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My selected tenant backed out. Does anybody charge a holding money from a selected tenant to keep if they back out? Something like earnest money when your bid is accepted?'.
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Hi BP masterminds,I purchased a home as a primary residence (3B2B) in 2017 and I moved to another state in 2020 and kept it as a rental since then. It's rented by room (2 bedrooms 2 bath to 2 girls for a roommate situ...
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I'm leaving the rental lifestyle, and plan to buy. I have been looking into the Rent to own strategy, since it does not require such a large downpayment. I'm looking in Arlington and Alexandria VA to try this strategy...
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Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...
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What a great site! I am a new member and look forward to reading all of the great info and advice offered here at BP. I am also hoping to network and get the word out about my credit consulting business.
My journey ...
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It's an interesting experience to work on a property you rehabed a long time ago - some of my first rental properties are now long enough in service that I have to start making some repairs. And I am shocked with some...