Account Closed
Step by Step Subject to Existing Loan
Hi everyone,
So I understand the basic concept of a subject to agreement, where the seller agrees to sign over note or deed to the buyer, and the buyer begins making payments to the existing mortgage in lieu ...
Brian Risi
Fees for REIA meetings?
Greetings BP!As a newbie I'm trying to absorb as much of the great info here as possible. I'm scheduled to attend my first REIA meeting this evening. However when I received the confirmation email it indicated a regis...
DAn L.
Renting Shed homes
I've been building some tiny homes the size of a shed (using the footprint of a shed, so no permit), and so was wondering if I could rent these out to people, for rental income, and if so, what would be a fair price p...
Karin Crompton
How far does "We don't know nuthin' " - i.e. As-Is, Where-Is, No Disclosures - extend?
I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.
We had an offer accepted on a bank-own...
Tony Freeman
Why Security Deposits In Chicago Are A NO NO!
This isn't meant to be a long post but I have a lot of first time investors and house hackers or just investors that are new to Chicago that ask about charging a security deposit and my answer to them is NEVER charge ...
Donna Hempel
Landlord worst nightmare scenario- Need advise
I am going through the worst nightmare a landlord can have.
Backstory: I put up my house for rent in December when my last tenant had to move out due to getting a job in another state. I was getting tons of queries a...
Rob Cee
Good sources of further education for note investor?
I have been doing hard money lending for a few years though hard money brokers which source and set up the loans for me to fund. I have not gone out and purchased any existing notes yet, I have just funded new loans...
Eric Don
Laid off, 400k in accessible cash, chasing any opportunity. Help me escape the matrix
Recently laid off, want to use saved up cash for good use. Seems like every asset in the US is unstable dont know where to put cash want to use real estate as business to grow wealth I have all the time, and I have th...
Amanda Moore
Feel like giving up!
I have been at this for a solid year with no success. I sink $850 per month in direct mail campaigns. I drive for dollars every weekend. I have great investors, but nothing to give them. What am I missing?I've bee...
Maxim Khanin
Obligation to test for mold - no evidence?
I have been renting out the top floor of a condo for 6 years now (different tenants over the years). Had a new tenant move in 5 months ago. This is in Virginia.
Today I get an email from her telling me that she's bee...