John Payne
When is it too late to tie up a Pre Foreclosure deal?
Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...
Karen Kingston
Real Estate Agent Familiar with NACA Process
Hello everyone,I'm a real estate agent from New York. I work equally with buyers and sellers. This past month a past rental customer called me and said she was looking to buy a house. She proceeded to tell me that s...
Eric Hathway
Tenant late fees go to owner or manager?
I was informed today by my property manager that he keeps all the late payments when tenants pay rent late. Is that the norm or should I contest this? I know it could probably go either way and depends on what is in t...
Amy Raye Rogers
The Negative Cash Flow Club!!
The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!but...400k equity growth!...
George P.
motivating contractors - tips and experiences
working on the latest house (buy and hold) and my main contractor is not living up to my expectations. I have used him before a few times and did not have a problem. In the past, he'd quote something and i had him do ...
Rishi Ramlogan
REAL return on real estate is MUCH lower than many claim here
Real estate is a good enough investment as is - why tell people fairy tales?First off, I am talking about pure passive investing. If people want to get into the real estate BUSINESS, and do all the labor that is in...
Klemens N.
Asset Protection Strategy
I want to share the details of my Asset Protection Strategy. I welcome constructive comments.- First of all, I live in California as it has very little asset protection (for instance no tenants by the entirety) and it...
David Dachtera
Modular Homes?
Hi, Folks,Want to solicit some input on doing new developments using modular construction.Just to make sure we're on the same page, let me define the distinction:Manufactured homes:Delivered to the final site in a com...
Bobby Nilsen
McMann Commercial Lending
Has anyone had any experience using McMann Commercial Lending. Currently looking at potentially using them for a $2m loan/beloc on an 8 unit building. Any insight would be helpful. Thanks.
Kenneth E.
Finding motivated sellers (my list)
Hey guys, over time I have taken lots of ideas from BP on finding motivated sellers. I compiled a list and am sharing it back with BP members. Enjoy!
Hey guys, over time I have taken lots of ideas from BP on finding...