Nathan Gesner
(Update) Another Tenant died...and then two more!
I received a call from concerned neighbors. This Tenant normally goes for walks every day. Nobody has seen him for three days, his lights are on, and his truck has not moved. I go over for a welfare check and find him...
Cameron O'Connor
Don't pay your down principal early- Keep PMI and Flood Insurance
I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
David Walton
Should we or shouldn't we expand to the MTR market?
Hey all! My company currently manages LTR's throughout the Denver metro area. In the last few months we have received several requests to work in the MTR market and want to vet it out. Looking for some advice on the f...
Maxwell Silva
Broker price opinions
Hi, I’m a new agent and one of the brokers I’m interviewed with mentioned the opportunity to fill out BPO reports in order to generate a little bit of income while sales are slow. What exactly does does a BPO entail...
Chris Yeung
Investing in Norada Funding's notes
Has anyone in the BP community dealt with Norada funding? This is a sister company of Norada Real Estate. They're opening up some investment opportunities for 24 months. Rates are pretty high (12-15% with an additiona...
Chris Martin
Money360 may revolutionize "hard money" lending
On this other BP topic we discussed various ways an individual invest in real estate PASSIVELY, with minimal risk, and get 5-15% ROI. A post by Dionte G. came up (see the bottom of this post) that I think needed to be...
Rachel Zhang
need a payoff from property purchased at trustee sale
Hello, We bought a property in CA at a trustee sale with an existing senior lien under the previous owner's name. Now my title company and are having difficulty in obtaining payoff amount. By standard, the serve compa...
Peter Lee
Best way to purchase single family houses before they hit MLS?
My company is trying to purchase REO's individually before they hit the market. In my area, the houses on the lower end of the price range, i.e. sub 300k are being bid on fairly aggressively.
We are all cash buyers ...
Marc M.
Can Banks Buy Their Bad Debt At A Discount?
Hello BPers,I am somewhat new to foreclosure investing...I've bought at county-tax foreclosure auctions, but haven't purchased anything from a bank yet.I've started attending weekly mortgage foreclosure auctions at th...
Kyle Mitchell
Seller will not provide bank statements in due diligence
Hi everyone,Has anyone come across the seller not providing bank statements during due diligence? Is this a red flag or something that is common? Just looking to see how hard I should be pushing on this issue.Thanks...