What does everyone think about buying mortgage notes?Is there profit in doing this?I understand the concept but cannot figure out how to find and negotiate the notes themselves?Is there a forum where notes are sold? D...
I am looking to fill my first rental! I have a potential tenant that has been self-employed for the past few years. She claims $4,000 monthly income. How would I verify that? Am I allowed to ask for tax returns, bank ...
Hi all,I have a 30 year fix rate mortgage on a primary residence with a HELOC. I see 15 year teaser rates all over the place "less than 2%..." Each place I call the rate always ends up being around 2.4+/- and I'm fin...
Has anyone done the analysis on solar panel systems for their STRs? I am looking at solar in Florida for my STRs, since i pay the electric bills, i was looking at solar as a way to cut expenses.looking for anyone's e...
Hey all,
I was planning to purchase a small MF property in San Antonio, but have had trouble finding anything that would have much cash flow, even if I pay over 50% in cash. Rate caps are around 5-6 for 4-plexes in ...
This company is listed on this website as a hard money lender and they have very unfavorable reviews here at BP from members. After conducting a few searches on my own I figured I'd give them a try to see what they we...
First time landlord here. Under contract on two out of state single family rental homes. Looking for advice on payment collection/managment software. I hear a lot about rent redi on the BP Podcast. Some of the reviews...
Currently we have $100,000 in cash. I own 2 businesses and they both are in year 3. In year 2, we generated about $50,000 in profits from one business (50-50 as I split it with a partner) and $30,000 in profit from th...
Has anyone rented to someone who home brews beer? Did it make the place smell or create a nuisance? My applicant asked me about having water in the garage...I asked "why would you need that?" And he said, "because ...
I'm not really sure what I should do (if anything) about this situation. What I know so far is that I had a couple and small child move into one of my properties less than a month ago. They both passed credit and crim...