Gerald L.
90k loss Real estate & mortgage scam
My cousin got defrauded 90k. Ill make the story short. My cousin Andy was looking at a property in California which he found back in Feb. It was going to be his first property. He needed an agent. So He contacted Bill...
Ryan Green
What are the weirdest rules for tenants and why?
Hi Everyone!I’m a new investor who has spent the last 11 years working in tenant screening.I oversee all marketing for my company, including a couple of blogs we publish to regularly.My team wants to put together an a...
Jonathan Chan
Thinking of becoming a private money lender? Vet your borrower properly!!
If you're interested in adding real estate lends as another tool in your toolbox, these are the steps I've learned you should take to vet your borrower before looking at any of their opportunities!
Background checkCr...
Joseph C Schmitt
Using SC Public Records for Solicitation
I currently live in New York, my network currently targets the majority of sellers using Direct Mail campaigns. South Carolina has the following law: PURSUANT TO S.C. CODE §30-2-50, OBTAINING OR USING PUBLIC RECORDS ...
Dan Gomez
Best way to bill back submetered water
Hello BP Family, I recently purchased a mobile home park and Louisiana that has sub metered water. The previous owner looked at the water meter readings at the beginning of the month and at the end of the month and ...
Account Closed
Business purpose loan becomes consumer loan
If I lend to a rehabber's LLC for the purpose of a fix and flip, this is truly a business purpose loan, at that point. What if the rehabber after the rehab sells subject-to my existing loan to a owner occupant, do...
Nadir M.
Maintenance replacements for certain household items
Hi everyone,
One of my tenants recently found a replacement filter for the fridge and wanted me to order more before it expires. It raised a question of whether it’s the tenant responsibility or the landlords to cont...
Clark Kirkpatrick
FBI Agent Angry: REIRail Fails DNC List. Expensive Mistake!
I've been using REIRail from Max Maxwell/Hoopzip for a few months, and although it is buggy, it's been basically functional.
A few days ago, I texted someone who turned out to be a retired FBI Agent who was on the do...
Justin Brin
What are the best tool to estimate flip material cost?
What are the best tool to estimate a flip materials cost?What are the best ways to estimate the material only cost not including labor?
Chris Gavre
How did you fill your mobile home park?
Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...