Hi Everyone: I was thinking to open up a space for an "anything goes" thread, where the topic is real estate development and development deal making. It could be anything: questions, war stories, best deal, worst deal...
I got a judgement about 3 months ago and contacted the debtor about 2 weeks after the judgement to start collecting. I emailed him yesterday and offered to set up payments or to reduce the debt by a certain percen...
I have a tenant in the upper unit if my duplex that was served a 28 day notice to vacate back near the end of August.
October 1st rolled around and the tenant was unable to fond a place to live, so we granted her ano...
Don't know what's the next step is. Any input will be greatly appreciated!
A little bit of background here:
In July of 2020, my previous tenant was financially affected by the pandemic and couldn't afford the rent. ...
Helping a Friend out, several states away, who wants to get into Self Storage. We identified a property for sale on line and did all of the financial analysis, education, and marketing study on line over three calls....
Hello BP folks! We have a 3-family rental in New York. 2 units have the same tenants for years. Other unit moved in in Sept 2020. Utilities are shared so we include them in the rent. We're seeing this winter that the ...
Dumb asses didn't record their lien on my property in the county records. I just found this out when the title company couldn't find it. I couldn't find it either. When I closed over a year ago it was not at a title c...
I'm in the process of purchasing a six unit mixed use building that has 3 commercial spots. I expect the tenants to be the smaller businesses like insurance agents, delis, telephone/ipad repair shops and etc. I also...
I understand the "I'm not an attorney" caveat, but I'm going to be purchasing my first REO to fix and flip with a group of trusted guys. My question is thus: I have numerous contacts with local banks, never discussed ...
I have been drawn to investing in real estate for years. But my career has taken me a different direction. But I have finally built our business to the point where I want to start diversifying into real estate! I have...