Is anyone buying performing notes in Maine? The one I'm looking at is newly originated as of Dec 2019. All payments are current to date. UPB of $143000, current rate 3.5%, payment $644, and not much equity at all sinc...

Hey everyone, looking to invest in my first OOS property...I looked up tax history and it says the home has (or had at least in 2020) a homestead exemption - my general understanding of homesteads is that tax payments...

Selling one of my rentals. There are "brokers" in town who will list it for 1.5%--4%. My broker will do it for 5%. What am I risking going for the lower commission? I have lovely photos and a super write-up, and inven...

Hello, I have 36 one bedroom units and I am looking to enhance my rental income by installing a washer/dryer combo appliance in each of the units.  My question is:  is there any way to get bulk pricing and how would I...

I found a list a properties which the owner is not occupying the property from the city and have been doing some research on direct mailing to absentee owners.

However I don't have a lot of confidence to be...

Here are my predictions, would love to see what your predictions are?
Rates - Mid 4 to low 5% by year end on conventional
Real Estate Market – Overall market down, some markets worse than other, some submarkets will...

I am trying to sell an 8-unit apartment building that needs a little work. I am willing to do owner financing since I own it free and clear. The problem is, I would like to get the cash rather than hold the note long ...

I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above apprais...

Hi folks!A colleague of mine brought me an interesting question.  He's gotten a couple sellers to agree to finance him their rentals (details below).   I have my own opinion, but I told him I'd put out on BP and see w...

Hello bp fam, Last week I closed on a 12 unit building 100% occupied with under market rents. Market is 1100-1200 currently all units are rented at 750. I sent a letter Stating rents will be increasing to 1000.00 sta...