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18 January 2025 | 15 replies
Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.
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5 February 2025 | 21 replies
Your choice:1) Because of your failure to prove you have obtained renters insurance upon moving in this is your 5-7-9 (how ever many days required in your market) notice to cure the problem or leave the premises at the end of the month. . 2) Because you have failed to provide prof of renters insurance upon move in a policy will be provided for you starting March 1st through insurance company X at a cost of $xxx.xx.
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25 January 2025 | 7 replies
I would take all of the details of your current properties, project what the sale would be, and what does that leave you to invest?
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10 February 2025 | 29 replies
Some investors received a note this week saying he filed for Chapter 7 bankruptcy.He also has a new eviction on his record after refusing to leave a property he was renting.Even after multiple formal complaints to the RE board about his fraudulent activity, he somehow still has his license and active home listings.Posting this update so hopefully anyone looking to work with him, now or in the future, can see the type of person he is.
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17 January 2025 | 7 replies
My team personally has pivoted to more local affordable housing with local and county grants and incentives and we'll leave the more complex LIHTC deals to the big firms.
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20 January 2025 | 19 replies
Leave the owners alone, when and if they are ready to sell, they will, and there will be plenty of lots to choose from on the MLS.I have no statistics to back this up, but in my casual observation after our fire is about 1/3 of the owners rebuilt their homes (some built similar, some duplicated exactly--big mistake, and some built better/nicer/larger homes).
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27 January 2025 | 18 replies
I don't care if 99 of 100 homes in the area have K&T, I would NOT buy it and leave it with K&T anywhere.
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31 January 2025 | 20 replies
Somewhat unrelated, but I do not allow BiggerPockets to do business with partners who require their clients to sign agreements or otherwise agree to terms that prevent them from leaving what they feel to be honest reviews on BiggerPockets.
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15 January 2025 | 7 replies
While they mostly aren't lying, they leave out a lot of reality.Why would a government funded program like S8 pay MORE than market rents?
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21 January 2025 | 10 replies
We are in a safe community, so tenants can choose to leave the door unlocked or hide a key under the mat.