Serge S.
Due on sale clause was called by bank!
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
Veena Vaidyanathan
Purchased a condemned property (without knowing it). Next steps?
Hi All, Noob out of state investor and this is my first investment property. I recently closed on a duplex in OH. Both units were being rented. However Renter 1 stopped paying rent during the ownership transition.Prop...
Anthony Michael
The Market Crash 🤔 or lack thereof ?
We've all seen the fear mongering that's being pushed by a lot of media outlets and influences. My question is are their thoughts justified in the current housing market. Due to Bigger Pockets being very diverse one w...
Account Closed
Ashcroft capital - Paused Distributions
Anyone else getting notified this morning of paused Ashcroft distributions due to refinancing issues?
We have been working on refinancing the asset in order to access the equity and create liquidity to earnestly res...
Jay Hinrichs
See below this is how a fake private lender approachs and interac
I wanted to show an interaction that with a FAUX lender.. He sent me a PM on BP.. but it could easily be linkdin or facebook or Craigslist or connected investor.this is classic interaction with these guys.. the websit...
Brian Schmelzlen
Bad News for Buy and Hold Residential Investors
For the past 8 months, tax professionals have been studying Section 199A (the 20% pass-through business deduction) and trying to position their clients to best be able to maximize their deduction. However, we have be...
Thomas Lillevold
Think twice about "Cash for Keys" to rid yourself of bad tenant
Greetings everyone,I have to inject my personal opinion here. I recently went through a bad eviction with a commercial tenant that I inherited with a building I purchased. And all during conversations about this wi...
John S Lewis
Are you a slum lord?
So, since I've started as a pro member here on BP, a lot of the properties in my price range are all in run down neighborhoods with high crime. Does anyone have experience with these types of rentals? Is it just a ...
Ben Leybovich
How To Get Out of Real Estate...?!
Everyone is asking how to get into RE. I want to know - how to get out? It was fun while it lasted, but I'm kinda done...Any ideas?I've had oil on my mind lately, and Serge is no freaking help. Should I maybe buy s...
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
I bought a house from Tanner Hester (a New Western agent) in June 2019. There were lots of issues with the house as follows:1) The house was built without a permit2) The house was for the most part sitting on the floo...