Naomi Boudreaux
Tax Lien Sale in Louisiana. Redemptive Period Coming. Need Advice
I won a tax lien sale at 100% via Civic Source and the required 3 year redemptive period is coming up. I was reading that I was supposed to notify the owner or whoever the heirs of the property were during those 3 yea...
Kyle Gregg
Recent burglary under a builders risk policy, who is responsible?
More drama with my recent 203k and i need some insight....We have moved into our 203k rehabbed house about 3 weeks ago. Last friday someone broke into our house and stole about $5000 worth of personal property. I cont...
So, you want to know how to rent your house out. Maybe you’re upsizing or downsizing, moving away for work, or just want to buy another primary residence and take advantage of low-money down loans. Whatever your reaso...
Rent-to-own real estate can make you more cash flow, with less risk and fewer expenses, all while helping tenants become homeowners. But if it’s so good, why isn’t everyone doing it? Simply put, most investors have no...
Ravi Kiran
Drunken Driver drove Truck into the Home
I just had a drunken driver rammed his Chevy Silverado into my rental home at middle of Friday Night. Thankfully the tenant’s son survived with bruises & lacerations, who was right at the impact point. The truck w...
Steve Olson
Tax implications of "subject to" transactions
Hi All,
I listened to one of the more recent podcasts that talked about subject to deals.
Does anyone have experiences with the tax consequences here? I would imagine that the mortgage company will sen...
Alex Smith
Electrical Fire @ Duplex--Do I need a Public Adjuster?
Hi BP!Today my duplex caught on fire. Thankfully, only one of my tenants was there and she was able to get out safely and call the fire department. So thankful this didn't happen in the middle of the night. It could h...
Austin Snyder
Question about Huge Jump in Escrow Payment- Pending Foreclosure
Hello I'm newer to working on pre-foreclosure properties and I'm working with a seller to try to take over their mortgage "subject to." Their payment used to be about $400 but it's jumped up to $1,400 with about $1,00...
J. Mitchell Bernier
Collecting Triple Net Leases
I’m looking at purchasing a commercial property that is under a True Triple Net Lease for two years. I have never dealt with these leases before but understand the concept. My question is how do you collect the I tax ...
Evan Crawford
House purchased - wasn't aware house was in flood plain
My friend just purchased a foreclosure. He's fixed it up and is now placing it back on the market to sell. He thought he was about to get an offer but when potential buyer called insurance agent, they told her it...