Marc Sinnott
Do you send monthly statements to your private investors?
Hi all,
I recently completed my first single family rehab project (!!!), which I turned into an unintentional brrrr and ended up renting and refinancing.
I have a private lender who will be receiving monthly payment...
Paul J.
Collections agency referral for Landlord/Tenant judgements in Oakland County, Michigan (Metro Detroit)?
Hi all,
Looking for a referral to a collection agency for Oakland County, MI.
I purchased an occupied Duplex and have a judgement against one of the tenants or non-pay. I am thinking at least one of the...
Elizabeth Aguilera
How to find a contract for private lenders
We are ready to borrow from private lenders who have agreed to work with us. We need a contract to borrow the money and to lay out the terms of the loans. Is there a template on BP? I looked but did not find one. Or w...
Benjamin Orr
Handling Deceased Tax Sale Property No Heir/Will
I recently bought my second property since being on BP. Maybe I should have stuck to simpler routes, but I wanted to do PA Tax Deed sale. I did my homework, worked the numbers, and won the bid. After buying a nice ...
Kenisha Forbes
Calling ALL note investor Pros
Okay so the great thing about Real Estate Investing is that there are so many avenues about to make money. The bad thing about Real Estate Investing is that there are so many ways to make money. For the sticklers out ...
Gunes K.
CAN YOU FIND FINANCING WITH LOW INCOME?
I own 3 properties (1x in DC & 2x in Chicago). All of them are fully paid for. I live in one of my units and rent two of them. I make about $24,000/yr. from them. Unfortunately, I had to close my non-real estate b...
Geoffrey Serdar
Acquiring multi-family, 2 units are section 8, what happens next?
Hello,We have a hypothetical question.What happens when a new owner takes over a commercial property (5+ units), and two of the units have section 8 vouchers?How do these leases transfer?Does the section 8 certificati...
Jake Plumber
Who's Liable for IRS Tax Lien Complex Situation
Thanks in advance for the help!John has 5 properties. John has a $100,000 IRS Tax Lien. Buyer 1 buys one of John's property through a tax foreclosure sale, no notice is given to IRS of sale and it is in a non-judicia...
Robert C.
I have found a potential mentor but dont know if its a good idea?
Good Day,
I have been looking into getting into the real estate investment business for some time now. I recently came into contact with an individual who is in the business and may want to work with me. Th...
Mike Geier
Fourplex in very small college town - case study
In April 2016, we purchased our first property (my wife and I.) Stats on the property:
Purchase price was 180k (45k per unit), 25% down at 5% (beg mort is 135k)
Location is Frostburg, MdCinder block, no basement,...