David M.
Wholesalers (and any direct mail marketers), check your data!
Hi Everyone! I invest in Arizona where ownership records are public and quite easy to access. As such, I get phone calls, letters, and even text messages asking to buy my properties for top dollar and cash. Quick s...
Paul Vaughan
EMD deposited in escrow- after I called/text “I’m cancelling”
Hello BP people,
I’m juststarting out, Found a house for rehab (Carson Ca). In short, made an offer based on comps yet to be seen physically. I did hand over the EMD with the understanding that I’m going to view the ...
Darryl Knieff
How do I find out if a property has liens or second mortgages
I am new to this and my real estate lady wants to be involved, but I would like to find this information without having to pay her to do it for me. Then I am not reliant on someone else for my decision making.
Lucas Cookson
Help me understand this letter from ReconTrust
The letter states the following:
FULL RECONVEYANCE
WHEREAS, John Smith, is the Trustor, Bank of America, N.A, is the current Beneficiary and ReconTrust Company is the current Trustee under that certain Deed of Trust ...
Kevin Hayes
Using Tax Deferred IRA for Real Estate Investing
I have cash sitting in a tax deferred IRA account. I am looking for alternative tax strategies to use in investing these funds for real estate investing. I realize by taking a cash distribution it would be considere...
Keith Groshans
Keep Idle Cash Working in SDIRA
My preferred investment in my SDIRA is mortgage notes. The monthly payments are great, but the issue I am running into is what to do with idle cash. My custodian does not have a money market or similar sweep account t...
Account Closed
Buying a note that has delinquent taxes
Hello, I've been reading a lot about notes recently and I am trying to come up to speed on them. That being said, I am trying to understand the potential risks and downsides of this investment vehicle, and one potenti...
Neil Hohmann
Note buyers: Solo 401(k) vs Self-Directed IRA LLC
Hi BP,Like many buy-and-hold REIs, I'm getting hung up on what entity to form with regard to investing in notes.Have most of you formed an LLC? My understanding is that some exchanges will only sell to an LLC or compa...
David Ferguson
Purchasing a vacation rental in Barbados.
Would like to purchase a property in Barbados for short term rental.Does anyone know the ins and outs of ownership on that island.Thanks.Dave.
Chris T.
Past sales history on a property
Most houses usually have a history in regards to their sales price / listing etc on zillow / trulia. I'm assuming they pull all the information from MLS. Some of the houses I have found online do not have a number lis...