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17 February 2025 | 13 replies
Hi Dave in Northern, NJ-I am sorry to hear you have a single family rental facing foreclosure.You have it in an LLC and wonder what your options may be to delay foreclosure.Lenders do not want to take properties back and have a nonperforming loan.The best time to work with your lender is as soon as possible but certainly before the sheriff's sale.After the sheriff's sale, there is a redemption period where you can still sell it and the length of time varies from state to state and may depend on if it is vacant (avoid that for a variety of reasons), if tenants have a lease and have rights, or if someone is occupying the property.Working with the lender may not be easy but do not give up.Also, reach out to investors, who buy properties in foreclosure or pre-foreclosure, and see if they would be interested in curing the default and buying the property.To Your Success!
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5 February 2025 | 4 replies
I use Baselane because it makes having multiple accounts super easy.
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4 February 2025 | 87 replies
You’ve made an accusation, used it to imply that I’m covering something up, and provided not even an example, evidence, foundation, etc. for your outrageous claim.
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22 February 2025 | 29 replies
I find it hard to believe that you would risk a 9 figure portfolio for $300kI am not saying that getting a 1m payout on a destroyed property is easy.
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5 February 2025 | 7 replies
It was all very confusing and challenging because getting free information wasnt as easy as it is now.
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9 February 2025 | 3 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
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22 February 2025 | 9 replies
In my area it's pretty easy and cheap to switch it over to the LLC.
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15 February 2025 | 7 replies
I'm mostly looking for easy disqualifiers like pets if they aren't allowed at a property, or someone looking to move in March when I'm vacant in January.
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9 February 2025 | 5 replies
The gurus that sell their courses with the promise that it's easy money.I wish you the best.
20 February 2025 | 5 replies
That tells me the bigger issue might not be just the yard, but overall curb appeal or pricing.More Cost-Effective FixesInstead of a full sprinkler system, here are some budget-friendly ways to improve the yard without draining your wallet:•Fresh Mulch & Gravel: Super cheap, easy to DIY, and instantly makes the space look intentional, even if the grass isn’t perfect.