Justin Foley
Proof of funds required?
In my hometown of Las vegas, I constantly see ads on craigslist for wholesale deals. I would love to ask the agent that's been helping me out to see if they are really deals, but they don't provide the address. They r...
Michael A Egenriether
Lease option question
I met with a broker last night who buys wholsale homes. We sat down and he mentioned lease option is a great way to start my investing career. He said i could pay rent per month for a year and fix the house up while ...
Trevor Asay
I'm considering using a Virtual Assistant
Does anyone use a virtual assistant? My main questions are:
How can I easily give access to passwords? (I use a ton of online tools)How can I pay them?Has anyone had any luck with any of the services? Thanks,Trevor
Evelyn Castillo
Property management entity question;Newbie
Hi BP! I just got off the phone with a management company/broker company from Homestead, FL; they are called; Income Reality. They explained to me how their team has bought thousands of properties in my area and they ...
Ray Slack
Property Sold at Tax Sale Baltimore City
@Ned Carey I have a question about a property that I own and forgot to pay the Taxes in Baltimore City. I have owned a rental property in Baltimore city for a few years.. This past May 2018 I forgot to pay the taxes ...
Marc C.
Adding a purchase price contingency to the LOI...ideas?
Lately, we've been marketing directly to "mom and pop" owners who want to retire. Their books are usually more or less useless in a lot of ways: No management fee, no labor charges on repairs (they do their own), thin...
Abdessettar Ibourki
Multi family Yearly Expenses figure.
I Found a multi Family (4 Units) Property that I am interest in. The Owner posted that the yearly expenses are $9700.00. I checked the Assessor website to find that the Property Tax is about $6000.00.When I subtract t...
Eamon Conheady
SBA loans
Hello, Just started seriously looking into financing for my new parent entity and was wondering if anyone had input on the SBA loans and other services offered by sba.gov I opened a bank account for my entity at a nat...
Michael Ablan
The FHA and USDA Anti-Flip Rule
Hey guys!I just wanted to write a quick post about the FHA/USDA flip rule. Somehow I had never heard of this before and kind of stumbled on the info while talking to my lender how some of the flips I'm doing (thank g...
Johnson H.
1031 Exchange $126 Million Fraud Scheme
This is a pretty crazy story of one man using the escrow accounts of 1031 exchange to fund his lifestyle. Only after $126 million later does it all come crashing down. The conman never admits to fault! Many lost thei...