My partner and I are currently working on a triplex but I am having some difficulties justifying everything because of the SOW. The Triplex is in pretty rough shape, there are two units which are stacked (upstairs and...
Hi all,I'm expecting to buy my first flip project in the next few months and am willing to travel and live in the properties at least until I clear some profits and learn a few lessons. Also thinking about taking a g...
Hi all! A bit of an interesting story that I thought I'd share!I recently acquired a note in 29 Palms, CA for ~90% UPB (About $50,000 mid 2021). This asset is a Lease Option contract that has been Non Performing since...
I'm in the learn-obsessively phase, but sometimes simple things need explained to me. Scenario:I found a triplex in my area that I'm interested in. The potential seller is someone I know and doesn't do much with the p...
Hello,
I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...
I've had my duplex for about 5 months now and it's working out really well! I want to get my second property as soon as I can. I have a few questions I am hoping somebody can help me out with:1) I have only about $10,...
Hello-Thank you everyone for making this site such a valuable and informative resource.I'm involved with a performing note that is currently paying 12% interest. There is approximately 17 years remaining on the note ...
Does anyone have any insight on how the recent layoffs and closings of several oil field companies are affecting the real estate market in Alberta Canada. This was once a booming market with great potential. What no...
Create PaperFind the cash you need by creating a low-interest note secured by a property you own. Use the note as a down payment on the property you wish to purchase, or sell it to an investor for cash. Your title c...
Completely by accident, I started a fairly interesting conversation about moral hazard, principal balance reduction, and mortgage payment incentives on Facebook.
Is there any easy way to "upload" the discussion on to...