Elliot Tan
Rules for receiving funds for private money loans
Hi everybody! My partners and I are starting a REI company. We will be flipping and purchasing rental units. Goal is to slowly scale into medium-sized multi-family apartments. Our strategy for funding is to find pri...
Kellyn Cameron
Question about Private Lending Using a Self Directed IRA
Hi Everyone..I was hoping that someone might be able to help me get some further clarification regarding private money lending using my self directed IRA. If I am understanding it correct, I need to set up an account ...
Jake Recz
Submitted offer on a REO. Multiple offers present. Bank is... MIA! What would you do?
I submitted an offer on a REO property recently. The offer was all cash and $1,000 over the banks asking price. I called the bank to verify if the offer was received and found out there are "multiple offers" on the pr...
Sarah Baniewicz
New To Medium-Term Rentals
I am new to real estate investing and as a traveling medical professional, I have experienced renting with mid-terms rentals and would like to own one. Does anyone have suggestions for good markets for medium term ren...
Timothy W.
An investor just blew $45,000. Want to know why?
An investor who had a fire at their property had full insurance coverage on the loss, the policy was in force, had about $90,000.00 in damage, had a limit of insurance of 1.5 million dollars, and was a clear cut case ...
Kyle Robarts
Who is responsible for cleaning during construction of a SFH?
Had this issue a few times. My GC wants me to instruct other subbers (eg electrician, hvac, plumber) to clean up after their work. Is the burden on the GC to clean up after other subbers’ mess?
Jason Kaufman
REO Disclosure Requirements
In the inspection period of a REO and this thing has run all over it! I have had professional inspections and quotes for pest, foundation, roof, and mold. My plan is to renegotiate a lower price or walk. This house ha...
Mitch H.
How is leasing going for everyone?
As a landlord, Im just curious how residential leasing is going with everyone lately. I would guess that during March/April it might have slowed, but now that we are into the summer months, and COVID-19 restrictions ...
Nat C.
Suing seller for non-disclosure
This is a continued post from another discussion I had on BP which I received much assistance with.I discovered a property I bought in Las Vegas had $20,000 of plumbing problems which were not disclosed in the SPD. I ...
Jennifer Richmond
Large yard: Asset or Liability?
Hi there, I'm considering purchasing a SFH in mid-Michigan with a large backyard - about .25 acre. It is fenced, but since the tenants would be responsible for the mowing and upkeep, I'm concerned that the size of th...