Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
There is a ton of risk for the seller as we know in these deals and there are bad actors in these deals as well.. ran into many of them buy sub to never pay of the mortgage rip the rents and down the road..some off those folks got criminally charged and got prison time..
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
23 December 2024 | 46 replies
But it put them out of business big time and they were lucky nothing criminal was brought against them.
Sergio P Ramos
Would you purposely burn down a property? Crazy? Or not possible?
27 December 2024 | 21 replies
If this is not available then we have done demo and just removed the structure.Sidenote for people who see the title: Do not burn down a house on purpose for insurance reasons.....That is called fraud and is criminal :)
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
I agree, criminal charges have to be filed.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
8 January 2025 | 146 replies
Minkow gave his approval, according to copies of the correspondence that he provided to The Inquirer.Since finishing his most recent prison stint for fraud and other offenses in 2018, Minkow has established a side business of researching companies he suspects of malfeasance and reporting them to the SEC as a whistle-blower.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
While you can have a checklist of income, credit score, criminal background, landlord reference, etc, to me the bigger tell of good versus less than good tenants came from all the interactions prior to leasing.
Scott Trench
New Policy Idea: BiggerPockets to Send Wholesalers a $125 Bill For Every Solicitation
8 December 2024 | 14 replies
I think the issue is going to be more on BP side of how do you collect and monitor this, and is it really worth it, or do you just ban someone for a month for first offense, 3 months for second and lifetime for 3rd...
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Also, was there a background check on the tenants possibly having criminal backgrounds and or background check to determine if the tenants had ever been evicted in the past?
Dustin Calgaro
Cash-out or partner on my 4 unit property in Costa Rica
11 January 2025 | 19 replies
No offense but you'll never convince them and I wouldn't bother trying.
Nathan Frost
Update - Detroit Deal
18 December 2024 | 45 replies
It will be money well spent.Also, criminals know how to check which properties in the area are STRs and might be vacant during most of the winter.