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I currently have a hard money loan that I did on a property at 12% interest and am in 1st position on the deed since I provided the full capital for purchasing the property with cash. The new owner thought he'd be abl...
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"...Troubles in the sub-prime market have just begun to materialize and already 38 main sub prime lenders have gone kaput. Foreclo...
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A deal has come across my desk that I am hoping to get some advice from the BP community. Older gentleman who has for decades owned and accumulated class A properties, all in the same town north of Boston. I have live...
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We just sent out our first batch of yellow letters to absentee owners that i hand wrote, basically saying " we noticed you have a house at 123 Main street, if you would consider selling please call us, we pay cash"...
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Hi all, I recently posted about buying a rental in Tampa and got a lot of good replies. Since then I figured out since I meet the income threshold I could consider it a "second home" vs. rental investment so I could p...
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Hello all. Thank you in advance for any advice. I am looking for information to determine a realistic value on a potential STR on Lake Michigan. This property is located between Muskegon, MI and Ludington, MI and prov...
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I met a landlord who offers tenants a discount for paying rent early instead of adding fees for paying late. It seems to work for him. What are your thoughts?
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We're preparing to put our flip on the market. The inventory in our area is close to 0 and it's very much a seller's market (as probably is in many other parts of the country). Assuming it stays this way for the next ...
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I have been using the same property management company now for about 4 years and have an 8% management fee on rents and there is also a lease renewal fee of 50% of one months rent. The lease renewal fee after researc...
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Hello All!I'm a new RE investor and have been lurking around BP for quite some time now. So here's my story... After some research on a neighborhood, on the internet and physically driving around the entire neighbor...