Jerryll Noorden
What do you currently owe on the house?
Hi gang.I am about to give an offer. I got all the info except how much they owe on the hosue.So I ask her if they own the house free and clear or if they have a mortgage.She answers, "we have several loans on the ho...
Mike A.
Step-rate Mortgage OK for Dodd Frank?
I sold a home on a seller carry note. I used a licensed MLO to process the application and provide the disclosures. The terms of the loan were 10 year fixed interest rate, and then increasing 1% per year. Starting ...
Steven Norris
5/5/2021 Eviction Moratorium News-Court Strikes Down Eviction Ban
https://www.nar.realtor/breaki...
U.S. District Court Judge Dabney L. Friedrich of the District of Columbia struck down a nationwide eviction moratorium Wednesday, calling it unlawful. Friedrich's ruling applies nati...
John Alosio
Direct mail marketing - Phycological tactic
Hello BP family,I'm dabbling with direct-to-seller marketing. Using the "Sniper" method as opposed to "spray and pray"Ive been Driving for dollars, digging through public legal notices for pre-foreclosures & telli...
Patrik Sefeldt
Buy and Hold Cash on Cash Home-Runs
Hey everyone,
I know this is a topic that's visited in many different places on the forum, but I'm hoping this thread can contain the most up to date stories on a specific kind of deal:
What do you cons...
Daniel Chang
LLC protection, theoretical vs practical
Lawyers and REI give the advice to use LLC's to protect properties. And to have separate LLC's (or separate series in series LLC) for each property or at least small groups of properties. I myself have followed this...
Marcus Holloway
Partner divorce in LLC
I understand a lawyer may be the best suited to answer this question but I thought I’d put it in the forum. My partner is fairly certain he’s headed towards divorce.We own a small portfolio together in an LLC.How are ...
Scott Bartlett
Using two LLC's (Property Holding and Management Company)
After talking to an attorney about LLC's and etc, it was mentioned that some clients of theirs will use two LLC's for their rental properties.One LLC would be the "holding company" with all of the properties in the LL...
Dominic Holt
Property Management Recommendations AZ?
I have been with a property management company for 2-3 years in Arizona and the property is being run continuously at a loss. I am looking to hire a new property manager in Phoenix. Does anyone have any recommendation...
NA NA
Florida hurricanes
Florida investors how do you deal with hurricane and windstorm in florida? Seems anywhere is defensive and the insurance premium is so high Some of the people say hurricane are frequent yrly