19 November 2024 | 10 replies
If you are concerned with the types of prospective tenants who may do a drive by to check out the place as a first step of their apartment search you have a real estate problem my friend, not a leasing issue.

17 November 2024 | 7 replies
Second issue is that it would be really difficult to cash flow, while paying both notes, especially with one lender in second position (which would most likely have a higher rate, plus points to offset their risk.)Now if you got the property under contract for 75% of the market value, which means you would have built in equity, and willing to personally guarantee (full recourse) then yea it may work out.If it's a good enough deal then you could even bring in an equity partner. 50 percent of a great deal is better than 100% of no deal.Cheers!

17 November 2024 | 9 replies
https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

18 November 2024 | 9 replies
The home had a number of critical issues that were not found during the inspection.

16 November 2024 | 9 replies
Regarding your comment that "the court continuously grants more time," I had a similar issue just prior to the Covid lock down.

17 November 2024 | 13 replies
My issue is more with the amount of the earnest money deposit, which also is outlined in the contract.

16 November 2024 | 3 replies
Then I've been thinking if someone sues me due to issues in one house I can get hit in my other houses.

17 November 2024 | 5 replies
The notes are all on commercial properties (office, warehouse, shopping center, mixed use or sometimes multifamily)The properties are either vacant or occupied by tenants, not owner occupiedThe property value is usually higher than both the UPB and the legal balance, sometimes significantly higher than theNow it is important to mention that I have very little experience with issuing notes and buying performing notes.

15 November 2024 | 13 replies
The real issue is negligence.

18 November 2024 | 14 replies
This is a common issue with investing in existing & older homes.