Howdie BP! Nathan here, from Columbus, OH. I have been following the site and REI for about 6 months or so and getting ready to "trust fall" off the deep end of the real estate pool and "fail forward!" I was excited t...
Hi, I'm doing DD on a note. The borrower filed BK 7. The court relieved the borrower from the obligation to pay the mortgage. However, I've read that this action by the court does not remove the lien that I may pur...
This isn't a post about a specific success, more like the mini-successes we've had so far on our road to our big success.
As today comes to a close, so will my 20s, and with that, my sense of youth. Sure, as...
How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposef...
Hello! I have seen many different ways to do a market valuation for special purpose buildings, such as churches or schools. Can anyone guide me as to:1) the best way to properly value a special purpose property2) fact...
Hello! I have been a finance professional for 10 years, and am entering the world of real estate now because it is my passion. I sit for the Sales Agent exam in a couple of weeks, and am also working on funding, plann...
Looking for some advice. I recently made an offer on a Fannie Mae property listed on homepath.com. The property was listed for 59k. I offered 43k and they countered at 55k. I then offered 46k and they countered at 42,...
Hi so I'm from California and investing in So. Florida. I was by default going to set up a Florida based LLC with my partner.This is a buy and hold, rental income property.How would you go about setting up an entity ...
Hey BP!I hope some of you find this post helpful.How do I correctly value an investment property? Simplistically, a valuation is a measure of how much a specific property (the “subject property”) is worth. Framed diff...
I recently came across a problem property I would like to purchase.
I was at a friends house and decided to drive by my childhood home. The grass was extremely overgrown, 3 windows boarded up, weeds 5 feet long comin...