If I bought some real estate let’s say an apartment building for example and I wanted to rename the building for reposition purposes and to rebrand it how would I go about it.
Where do I get the necessary legal docu...
Hey Y'all!Finally closed on a place and I'm in the process of getting it furnished and ready to rent. I'm looking to rent to travel nurses as I have a couple of hospitals in the area since I'm hearing they are struggl...
I am considering applying for a loan mod on my house. However, I'm almost positive I'll need to get out of the house and into an apartment in a year or two. I would like to know how you view a loan mod in terms o...
I'm looking at a property and would like some second opinions. It is a mixed use property in a busy trendy area of Chicago on the northwest side. The property has one tenant, a successful business, that has been there...
Schedule E shows $52k in losses for 6 properties. Due to mortgage interest, depreciation, repairs, supplies, maint fee, etc. But allof that only reduced my earn income by $6k. Sounds like I’m doing something wrong. Th...
I am blanking at the moment, can someone tell me what are the exit strategies when buying a delinquent lien in second position?
Thanks!
Hello BP community,As is probably the case with many investors, I started off the year very focused, with set goals and strategies to accomplish my objectives. After COVID-19 hit, I have had to reassess my plans and I...
The note has an unpaid balance of 60k and the seller is selling the note at ~ 25k. The note is at a 7% rate but with the discount it is closer to 16%. The note was recently modified so that the payments are below what...
Hello Everyone! I am Tracy - a long time listener to the original BP podcast, reader of BP books, and now active member of this robust online community. In hopes of growing my network, attending some meetups, learning...
Hi BP, I recently learned about a CEMA (Consolidation, Extension, and Modification Agreement), and from what i understand it is specific to New York State. Has anyone had any experience and success using this form of ...