Bob Malecki
Buying 1st pos. NPN-- title issue question
I'm purchasing a first position NPN on a home located in North Carolina. I'm buying it through FCI Exchanges system, fyi. Seller has provided me the majority of the collateral files and I found that the address lis...
Brianne Leichliter
My First Eviction Experience
Hey BP family!
I had a lot of interest in hearing my story over on the Real Estate Rookie Facebook page regarding my first eviction experience. I know there's a lot of buy-and-hold investors and property managers on...
William Lemmon
Tenant Filed For Cares Act Once Finding out Eviction was Filed??
Hey there! My brother and I purchased a property in Akron recently on March 18th, through a portfolio sale. For this single-family home, we found out right before closing that this tenant was a section 8 tenant, so ju...
Maureen Hannan
I want to sell a private mortgage note
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....
Jared Baker
Should I be worried about this foundation???
Looked at a property for a potential BRRRR. Price is 170k with ARV at 240k. only thing here that is really concerning is the block basement. Looks like this might be an issue or might be a simple fix. Also I've he...
Bob Ebaugh
Chinese Drywall Remediation (CDW)
We expect to close in a couple weeks on our 2nd flip, a 2400 sqft 3/3 Townhome in Tampa. We purchased this via the MLS from the original owner of this 2009 built home for $115K. Yes 2009...conventional wisdom wou...
Nicole A.
LLC with rentals - Buy out, sell, other options?
Hi BP!
As a few of my fellow BPers know, lots has been going on in my life over the past year or so. I've been in the process of splitting up with my husband/partner. We are on good terms. Everything is fine. He has ...
Rich Hupper
Tax increment financing
Hi I am trying to learn more about tax increment financing.1) What is it2) Who can apply for it3) What types of properties can benefit from the strategy4) Does it replace financing through a bankPlease share your exp...
Stephen DeFalco
Tenant Trying to get out of Lease Early
Hello Fellow Landlords,
I have a tenant who had a one year lease ('23-'24) with us and was great. This past spring she re-signed for a 2 year lease with us (4/1/2024-3/31/2026). She informed us a few weeks ago that s...
Patty Harris
LLC
I am a newbie to BP and just in time! I have declared 2015 as the year I begin investing in RE. I have wanted to break into the field for over 10 years but felt completely unequipped. I didn't know how or where to sta...