Richard Vandenberg
Question on possible deal on a property with a reverse mortgage
I am working on a deal that has a couple of issues that I'm working through and thought I'd seek the advice BP members. It's a trust sale and does not need to go through probate.Deal specifics:Property has a reverse m...
James Grueser
Working line of credit possible for all properties?
Hello,We are active real estate investors that live in California but invest out of state. The cash flow is awesome in Midwest so that's where our proverbial arrows are pointed. Currently we have 20 properties with ...
Ariel Goldenberg
Our First Failure And Why It Feels So Good
My wife and i have flipped a house once, 7 years ago. Different times, different environment.After making the decision to go back into the game, and after months of reading and listening to BP podcasts, we finally pul...
Chris Seveney
Rescission of Satisfaction
When you are in the note space, you can never see everything. This is an excellent example if why Title Insurance is important on an asset. I am doing due diligence on an asset that has a six figure price tag to it. T...
Darren Gillespie
Neighbors complaining about my tennants
Hey BPrs! I have a rental home with a tennant that has a 2 year lease. Recently the neighbors have been complaining to me that the tennant is not a good person and has been rude and causing problems in the neighborhoo...
Mark D.
SCRA Military question
I have a legal question regarding SCRA. I own in a military town and my tenant knew they only had 11 month military orders but they were willing to sign a 12 month lease. Fast-forward 10 months, my tenant is trying to...
John Stewart
Why I am looking to new construction as my strategy right now!
For years now prices have been rising faster than rents in most places, meaning cap rates have been compressing, which lowers returns. I don’t have a crystal ball and have no idea what real estate will do in the comi...
Quinton Tigges
What to know about purchasing historical homes
Hey BP community! I thought I would bring this question to all of you to learn from those that have purchased hundred year old homes in the past. I have a friend that wants to sell one of their homes in the historical...
Clayton Sneider
Lease early termination fee
Hey,I have a tenant in my first rental property that wants to break the lease early. There is no early termination clause in my lease (I will add that in now, lesson learned). I would like to charge him ~1/2 month ear...
Sante R.
Foreclosed but Owner still there !
Hello BP Family,
I am contemplating on buying a property that has been foreclosed on. However, the previous owners are still there! I have a few other foreclosed properties with tenants in them but the owner...