I am an international investor. My property manager of 2-bd condo in Orlando Fl, asked for repair cost of over $3000. I sent for them. Did not receive any invoices or the status of the repair. They asked again for mor...
“The sky is falling,” says Chicken Little. The sky may not be falling, but, there are signs that experienced real estate flippers would do well to notice. Astute business people know that when something becomes “popul...
Hello! Yesterday, I received an email from a deceased tenant's niece saying he passed away. He was an elderly man. His extension contracts ends on Jan. 31st 2017. His niece stated they will vacate the premises by ...
This is very long. It goes over in detail what happened to me, what caused it. How i came to buy my first home and why desperation caused me to think out of the box for a solution to repair my life and the steps i did...
I've been reading a lot about Solo 401K here on BP and elsewhere and I see a lot of posts but I couldn't really find specific info on using Solo 401K to fund a flip.A little background info. For about 2 years now I ha...
This is the jist of what has happened. I've written this as a letter to them to vent, but you get the idea. It's all documented via text and email, as well as video (I used a body cam when interacting with tenants, wi...
Our process is to use a broker to originate all of our loans. We fund the deal and then the Note and Deed of Trust are assigned to us at closing. Pretty standard stuff.
The DOT and Assignment of course must be reco...
Hey everyone, I wanted to draw out everyone's opinion. I have a 401k that is matched by my employer, so I contribute to that. It's a no brainer since it's free money. All of my other savings is 50/50 split between sav...
Hello, I am going to complete a 1031 exchange for the first time.I recall that I read in a book that most people do not understand the boot rule correctly, and many 1031 QI's implement it incorrectly. Specifically, th...
Hi All, my name is Solomon. I currently work full-time -- your standard 40 hours/week "9-5" (well 7:30-4pm to be exact). After reading Rich Dad Poor Dad, I'm determined in setting myself up for a good future by havin...