Becca F.
Buying from a flipper vs. primary homeowner vs. BRRRR for OOS
25 November 2024 | 3 replies
If we are checking property tax records, should we not buy a home where different LLCs (investors) have owned it and sold it every 2 to 3 years?
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
But, none of them are willing to discuss the matter on the record.
Ingrid Hussey
Security Cameras outside Florida SFR
9 November 2024 | 3 replies
They activate on sound/motion and will record a small VISUAL snippet of what is going on, but they DO NOT record sound2.
Agatha Oliveira
Showing that you can sign for an LLC
20 November 2024 | 8 replies
To keep my privacy, and my name and address off the public records, I used a registered agent for the LLC.
Shan Vincent
Rent Spree is NO GOOD!
12 November 2024 | 5 replies
But when I check public records... not so much!
Ben Azubuike
What Due Diligence Items Should I Consider?
12 November 2024 | 9 replies
I assume that this is a SFH so they probably won't have the best records.
Joseph Escamilla
Driving for Dollars: How to find the property owners' mailing address?
8 November 2024 | 19 replies
Im sure it varies by area, but is this public record that I can get from county/town records?
Doug Kirk
Liens on a property and determining position
8 November 2024 | 4 replies
Quote from @Mitchell Coles: In Ohio, property liens are typically recorded at the county level, making the County Recorder's Office a valuable resource for property research.
Jonathan Chan
Things to look for when vetting your potential borrower
26 November 2024 | 2 replies
Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
Michael Dallas
Documents to Ask for in Closing Process
11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.