Account Closed
1st reforming note go for about 40% of the unpaid principal
I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above apprais...
Brian Alterman
Structuring/terms of small unsecured promissory note
Hi BP!I'm new to investing and have joined my local REIA. Learned a lot and have done some great networking to help me get into this business and learn. I came across an opportunity to work with another investor in o...
Josh Bishop
Commercial vs Residential
I have a small residential portfolio which I have enjoyed and would like to continue to grow. Commercial investing has always interested me, although I have heard its a much different animal. I have a residential lice...
Bryan Harvey
new construction for short term rentals - Airbnb
Hey folks, I'm interested in opinions - pros/cons on this strategy of new construction for STR income. I am in my DD period with a contract on the lot for $89k. Here's my projected numbers on the deal: My income/expe...
Matthew Byers
Need advice on buying home or real estate timing.
Greetings all, New to forums but have read a lot here due to an awesome community so keep it up folks.My question revolves around timing of buying a house vs buying real estate.Im currently living in OH and will be mo...
Jodee W.
Can liens be removed (with tenacity and grit?)
I am looking at an auction property. The auction/sellers included a prelim title report and it is UGLY! Over $70,000 in various liens, and some, such as unpaid child support, have no amounts listed. This house is onl...
Natalya Whitaker
Scrum and flipping a house
Has anyone read the book "Scrum, the art of doing twice the work in half the time"? And then applied it to flipping?
In the book he tells a story of how he hired contractors to remodel his house and they used Scrum. ...
Tyler C.
Late Rent Payments- new landlord
Hi! I closed on my Duplex in the Spring and had a tenant move in over the summer. I'm a first-time property owner and landlord and I'm not sure the best way to handle this issue. Rent is due on the first and is late o...
Matt Nettles
Syndication Payout Structure?
Ordinarily a syndication is heavy ownership % on the LP side .. for example 80% LP 20% GP with or without preferred return.My question is and I ask because I heard Podcast where Tim Bratz structures all of his deals t...
Leonard L.
leaving old owner on as tenant after foreclosure
I have just started investing in foreclosures on courthouse steps. I have always heard it is best to kick out the old owner and start fresh. However, if you could The Property Report last week in WSJ they profiled h...