Will Sholy
Paying seller in preforeclosure deal
In relation to structuring a wholesale deal on a preforeclosure, has anyone every paid the seller a sum of money as a kicker to sell? I assume this only makes sense when there is a lot of equity in the property?
Rich Baer
Animal Rescue in Baltimore
A friend of mine in Baltimore just gained entry to a house he got at tax sale. Not a very good house or a very good deal but he thinks he can rent it. It is actually in the war zone near where the riots occurred. I wo...
Eric Taylor
Investment strategy
I have been trying to figure out my ultimate goal in REI. So I ask what is more important Net worth or financial independence? Would love some input.
Marcus Jackson
Closing On First San Antonio Flip Soon!
Hi there everyone!Exciting news! Just got my first flip under contract. I finally pulled the trigger today. I'm very excited and emotions are running high but I know the real work begins now. I have some hard money le...
Roger S.
Help with neighbor harrassing tenants
Hi, We have a house here in small town Texas that has 2 good tenants in it. These ladies are a same sex couple. The neighbor on one side has been harassing them for some time, shouting homophobic slurs and insults,...
Account Closed
FL MORTGAGE BROKER: so typical of what we have to deal with
Have a borrower pre-approved for a loan program and on a very specific purchase scenario. Basically, she will not be able to purchase a home without seller concessions ...PERIOD!She came to me by way of referral from...
Steven Torrez
How do you document your flip and rental cash flow?
Hello BP,For those of you that have deals under your belt, how do you document it?Do you have a folder with before and after pictures with a copy of all the contracts? Or do you just have a simple excel sheet with the...
Thomas Roberts
Transferring rentals to LLC
I currently have 6 single family rentals and 2 flips at the moment. My goal is to start treating real estate as a separate business (I also have a day job). I have an LLC set up with a bank acct and all that. But the ...
N.A N.A
Hi from Maryland
Hi there. Ohio native, transplanted to MD in April. I am a mortgage loan officer also involved in investment and retirement planning, and did quite well in Ohio. My now-wife brought me to Maryland, which means I nee...
Linda Weygant
Powerball - are you the winner?
So the winner of the latest Powerball in California hasn't come forward to claim their winnings yet.Powerball WinnerSo I started thinking about this and day dreaming about what I would do with $40 million. Would I re...