If you are new to property investing, you may be familiar with the term “hard money loan,” but you may not be aware of how it works. In general terms, hard money loans come from a private individual (or group of indiv...
I've been on BP for a number of years, mostly in the shadows learning and focusing on my career. I'm in a position now where I've saved enough for a down payment (and then some), and have officially started looking at...
I CAN purchase a building I am looking at on credit cards via cash advances. No interest for 9 months then interest w/ a 2% minimum payment. I can evict the tenants, remodel and re-rent within the 9 months then star...
Hi guys, We've found a 3 bed/2 bath, 3 car garage, finished basement, nice yard with sprinkler system and well in a very desirable school district. It has been foreclosed on and just listed for sale at $120,000. I am ...
Hi folks, I don't like how I am not compensated for my time as landlord when I am doing renovations/maintenance on my properties. I guess maybe it just creates a convoluted mess of paper-trail, but if I created my ow...
I was listening to WPR (Wisconsin Public Radio) today and they had on a guest who was answering questions and one landlord called in and said that his tenant hadn't paid late fees and can he deduct them from the secur...
I had a tenant that I evicted for being arrested with meth in a stolen vehicle on my property (and also for not paying his rent but I couldn't evict him for that...thank you Minnesota Covid protection laws!!). And bef...
I'm making an offer on an occupied duplex in the Tampa, Florida region. I've bought empty property and primary residences before, but this is my first offer on an occupied property to buy-and-hold. What things should ...
Ok, so I have someone doing a short sale of sorts in floridaThe first mtg is with a co out of CA that bought the NPL from Fannie a few years agoThe 2nd is with Mr Cooper, and is a Fannie 2nd (didnt know fannie even d...
Looking for a little insight! My wife and I own a duplex and are thinking out purchasing our next investment property in the next couple of years. Our plan has been to save up the capital for the down payment, thoug...