Jay Cashmere
Loan sold to Kondour during loss mitigation process
I had some financial difficulties in 2019 and defaulted on 3 payments. I was offered forbearance for 6 months in 2020. My financial situation improved in 2020 and have been making regular payments since 10/20. A few...
Henry Murray
How to mitigate risks of possible unpermitted unit?
Hey BP!
I’ve googled this and asked around but I’ve found the forums here on BP are always a good source of advice with a lot of diverse perspectives.
TLDR: How do I determine if the potential unpermitted garage c...
Anthony Fontana
Does Renting through a property manager mitigate risk?
Does anybody know if having a PM company manage your property mitigate risk for the owner (individual on the title)?I am currently a live in landlord, but want to move out and rent full time to tenants. I am strugglin...
Cal C.
To mitigate ID theft consider freezing your credit!
If you have any reason to think you have been or may be a victim of identity theft then consider freezing you Credit. This is probably your best preventative measure also. No doubt it is a PITA to freeze and thaw yo...
Julie Berry
loss mitigation company that negotiates with the banks
Hi Everyone,
I am new to the forum it seems to have lots of good information.
I am looking for a loss mitigation company that negotiates with the banks.
I am currently doing my own negotiations but find it takes a...
Account Closed
Alternate strategy for mitigating risk on investment properties.
I’m curious to find out if their are other BP members who have adopted this kind of strategy. I’ll caveat but saying that I have a few primary goals that are driving this strategy so bare those in mind.Goals:1. Be han...
Blaid Butler
Probate, 60k equity, first time home buyer, tax mitigation
Hi everyone,First time posting and am new to this world. I have an opportunity to buy my grandmas property at 341k and is valued at ~400k. We will have to go through probate to become administrator. My questions is, a...
Jason Carrillo
Headache-resistant cash flow markets: how do you mitigate?
I’m a new investor deciding on markets to invest in.
2% rule usually is great but the concern from guys like David Greene and others is that the better cash flow and the lower the entry price, the more “headaches” y...
Tyler D.
How to best mitigate personal income tax with REI?
Hey BP,I have read a myriad of articles talking about the various tax benefits, but I am unclear on how they apply in the real world. Say that you are a high earner, earning $500k per year. The top end of your income ...
Wesley W.
Mitigating risk with applicant whom receives income through tips
Hi guys,So, how are you folks vetting the in come of applicants that earn cash income (such as wait staff). Back in the "equitable days" of NYS law, I would have just collected an additional security deposit and/or l...