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Does anybody know why fix and flip investors don't just purchase the non performing notes on properties and flip them from before the auction? Don't know if I'm making sense, but I figured I'd ask...
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I went to my first Courthouse Sheriff sale today. Interesting to say the least. Not much action. 3/4 of the properties either received a stay or were postponed to a later date. Maybe some of BP's pros could answer a f...
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If I buy a property "subject to" from a seller in Preforeclosure. I make up the back payment of $7500. What if the seller then files Bankruptcy? What protects me, if anything, from loosing the property and cash?
Is ...
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Hello, so I am writing today because I was asked for a loan since they are short $1000 of deposit money for an apartment they are moving into. I’ve searched topics on here and online as well but most of the things I’v...
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Hello! So I finally finished our property wide portfolio analysis. Here's an example of the 2022 KPIs I'm measuring for a few of the properties in the portfolio. A couple important notes on calculations and definition...
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I just had to evict some tenants, and they told me that if I get a judgment against them, they'll "just file bankruptcy so [I] never see a dime."My first instinct was to laugh out loud, but then I thought, "Hold on--t...
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Hello all-What is the general opinion with regards to paying down debt vs investing in properties? I will be receiving a bit of cash here in the near term and cannot decide whether to pay off my existing credit card ...
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Hello everybody i finally managed to gather enough capital to finally venture into some texas tax deed deals and was wondering what types of pit falls anyone has run into. I've read and researched as much as i possibl...
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I just started reading "Profit First" by Mike Michalowicz. It looks to be a simplified method of cash management. Does anyone here use this with their BRRRR deals? If so can you share your experience with it?It is eas...
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Hi all,The owner of the property management company managing by rental unfortunately passed away a month back. Their attorney had reached out and mentioned that the company was out of business. The tenant had prepaid ...