Richard Nash
first REI club meeting
20 January 2014 | 2 replies
If your cards have your mission on them, all the better.Ex: "I'm looking for your non-performing notes" or "Certified Electrician: Looking for Multis to buy" etc
Darryl Knieff
How do I find out if a property has liens or second mortgages
15 February 2014 | 9 replies
The first mortgage has the legal right to foreclose on the property for non-payment and the buyer will probably lose the purchase price and the rights to the property.
Felipe Munoz
What SPECIFIC brokers do agents like?
14 June 2014 | 9 replies
X 3 = 900 a month gross from 10 agents before expenses and also as a broker you have to keep track of student loan delinquency suspensions, license lapses, IRS tax levies on their commission, missing continuing ed requirements, child support licenses suspensions for non payment, rusty agents that hardly even close deals, etc.
Ervin Alex
Miami, Florida investors
9 April 2016 | 35 replies
First of all the HOA fees eat up a lot of the cash flow, oftentimes down to a non-acceptable cash-on-cash return, making finding condos that do cash flow appropriately more difficult to find...and that's until the HOA doesn't up the fees.Second of all, so many of the condo associations here have "no renting the first year" or "no renting for the first two years" as restrictions that are not always disclosed in the MLS.
Marc Ramsay
To sue or send to collections?
21 January 2014 | 6 replies
I am going to invoice him for the cost of the advertising and I am sure he's not going to pay it.Is it better to sue him for non-payment or just send it to a collection agency and have them do all the work?
Jack Tucker
Cash-out refi, buy, sell then 1031?
30 January 2014 | 25 replies
I don't want to give away the farm, but I would be more comfortable doing a traditional "non-reverse" exchange.
Daniel Ringwald
Finding Deals in Canada
29 January 2014 | 36 replies
Any notable obstacles for a non-resident?
Justin Turner
Seller backs out 10mins before closing.
22 January 2014 | 17 replies
It's called breach of contract, and non performance.
Joe Norman
New BP Member from Baltimore, Maryland
24 January 2014 | 6 replies
Do you take the property back or sell the non-performing lein to a 3rd party?
William Edmondson
Inherited problem tenant with first investment property, what should I do?
28 February 2014 | 12 replies
He really is a great tenant other than not paying on time, he never has people over, no pets, smokes outside, he never makes a lot of noise, he keeps his place cleaner than I keep my own.He's very friendly and likable guy, always is reassuring that he is going to pay and pay the late fee when he gets paid and that he understands "business is business" and he's "not going to let me down".