I have a friend who has been in talks with a hard money lender. On a $400,000 Hard Money Loan.He already received a PPI of $12,000 and now he stated now that my friend needs to pay 6% of the loan which is a 1274 Tax p...

Hello All!I am looking for a way to make my process of placing a tenant a little less time consuming. Currently I find myself talking to folks that want to come check out the place, then scheduling a time and meeting ...

The is a work at home scam where they say you can work and make a income wholesaling.  They push you to pay $150 for a ad set up fee so your ads get set up correctly and not suspended specifically and when done all th...

I hate this article. It's well-written, but the story makes me sick. If you are buying or selling soon - or ever - read this article from The BiggerPockets Blog. You can't afford not to. 

I haven't been posting on this forum because I have been busy cleaning up my life.  I am going to go off topic here and I hope you pay attention. Many of you have saved and invested very diligently to get to where yo...

http://www.zerohedge.com/news/bank-america-site-down-third-day-row#comments

While driving around The Bronx, NY. I noticed a house that seems to be abandoned. The grass is very high, it is "the ugliest house on the block". I took the address and googled it and nothing shows up (as far as sale ...

Want to evict a tenant? Remove their toilet!

See this story from USA Today:

http://www.usatoday.com/news/offbeat/2009-01-23-landlord-toilet_N.htm

:cool:

I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.

Sounds too good...

We have completed our Flip home in the San Fernando valley area of Los Angeles and it's now for sale.  We discovered today that someone broke in last night.  It looks like they were hanging out there for a while, smok...