Masroor Ahmed
Fixed vs. Variable expenses - Property taxes
Hey folks. I current own in IL - 2nd highest property tax rates in the country. Like any business, in MF real estate, not all costs are the same. Meaning all else people equal, if you're looking at 2 deals, both 8% c...
David Ford
HUD delays closing date. What can I do?
I recently made an offer (asking price) on a HUD forclosure and the offer was accepted. Closing date was March 30 but HUD said they were not ready to close (something about a "Deed of Trust"). We haven't heard from th...
Scott Mclaren
Loan servicers need to be state licensed?
I have a question about loan servicing. I bought a note through FCI. A non performing note. It was being serviced by FCI. I wanted to move the servicing to Loan Servicing Center in Chowchilla CA. I get an email from s...
Debbie Tringale
How do I make a profit?
By the time I pay all the taxes, insurance and interest on loans; I barely make any money. I would like to get help but lawyers and accountants take another bite out of my income. I am generating good income from my ...
Samantha Rodriguez
Does anyone on here have rentals under their name? Or LLC?
My husband and I are under contract on our first rental income property and wonder if anyone has switched it over from their personal name to an LLC right away? Or waited.
Mark Matos
Note holder won't respond
Hello everyone,I am trying to purchase this property but I'm having a hard time clearing the title. Apparently the 1st mortgage has not been serviced in 5 years or more and no moves have been made to foreclose either....
Vera Herlihy
Paying for turnkey services
Hi guys,I would like to know how much I should expect to pay a turnkey provider for their services. I'm finding that turnkey providers don't always disclose that. Have any of you experienced that? I'm not sure I under...
Robert Plumpe
Very odd property tax situation?
Hey all:Got some information on a building I'm trying to evaluate and was shocked by some of the numbers...specifically the property tax. The owner is getting up in years and is looking to sell out & retire to th...
Ryan Plesz
How to start in a state with a budget crisis (CT) should i move?
Question for BP Members about what I should Do Now, is my state (CT) dying?Hi BP crew! I'm trying to get started in long term rentals and looking for some opinions, since I live in a declining state?I’ll start with my...
Kevin L Owens
What comes first?
Hi CLE market & RE investors,As I continue in my newbie status an area of confusion is the order of the buying process after doing the number crunching analysis & choosing some properties to compare for offers...