Michael Dunn
differences in a Bank Loan vs a Mortgage ?
Good Morning,I was doing some reading last night on various ways to get financing for properties ,a nd I came across a comparison of Getting a bank Loan vs a MortgageIt seems that a Bank Loan is the preferred method f...
West Kite
be property manager
I am planning to manage my own property using knowledge learned from BiggerPockets.What is the process to let the current property manager/company know when the current contract ends in a couple of months?basically, t...
Ernie Espinoza
Purchased my first home in E. Oakland (Having Electrical Issues)
I am in need of help please. I closed escrow in mid-August 2017, but I did not move into the house till September 1. I started doing some additional work on floor and painting though the month of September and Octobe...
Jill F.
Rent and Covid-19-our letter to tenants
Below is the email that we just sent out to our tenants. Keep in mind, most people don't pay rent just because they fear eviction...Most people pay their rent because they are honest and they honor their contracts. Yo...
Brandon Morgan
investing in Condos?
Hi all! I am new to real estate investing. my plan is to own multiple properties and rent them out. I am in the NY/NJ area. originally I wanted to focus on multi-families but in my area that is very difficult right no...
Lisa Caro
LLC for purchasing bank notes - what state?
Hi everyone! I am currently forming a NM LLC, but live in NY. Let's say I purchase (performing or non performing) bank notes from a lender in Illinois. Do I then register my LLC in Illinois? I've looked for this i...
Anthony J Cappetto
Legal question about using a POF "template bank statement"
Hello,My fiancée and I have been researching and learning the business of house flipping/rehabbing since Sep 2021. We heard of a program which uses other people's money OPM (I will keep nameless and call Program A) an...
Rachel Pivonka
Cash for keys advice
Input needed!! We are closing tomorrow on an occupied town house we purchased through auction.com. We have not had any contact with the occupant but based on research believe it to be the previous owner that was forec...
Eric M.
Judicial Foreclosure and Auction Experts...HELP!
I admit that I am freaking out a bit about a problem I have run into. I consider myself pretty experienced in REI. I have bought dozens of properties at sheriff sale and researched 1000's and I am in the middle of a...
Craig Anderson
Mobile Home Park 1st purchase, need advice
Hi there BP! I've stumbled across a package deal to acquire 3 Mobile Home Parks. The seller will carry 50% if I purchase all three parks. The prices are right, and they all cash flow with tenants owning all but 2 of...