Hey everyone. I have a tenant that I need help with.Husband/wife, 4 kids. Moved in about 6 months ago. Month-to-month tenant. Made some demands, I met them. Everything seemed great until St. Patrick's Day, I get a...
I've previously had some success direct mail marketing to probate attorneys for leads on distressed properties.It was over a year ago but it did produce 1 deal worth a $10k assignment fee on a distressed property.The ...
BP Community,I recently did my first private money deal (as a lender). The borrower is someone I know personally, and we intend to do additional deals together in the future. We stumbled through this first one togethe...
I recently (late Sept. 2018) purchased a duplex in FL. The property was fairly run down, i.e. overgrown yard, the occupied unit has window coverings consisting of aluminum foil and/or bed sheets/blankets, additionally...
So I received notice that I am being sued by our last tenant in Racine Wisconsin.
The back story is that I had a property management company taking care of the single family property but I was notified about issue...
Question....with rates where they are...and where they are headed for that matter...anyone doing a sub to deal...is anyone experiencing a lender exercising the due on sale clause...I mention rates because, why would a...
I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
What do you guys think of this plan?
I buy some mailing database of doctors, lawyers... I either email them or mail a postcard to ask them if they would be interested in getting 8% on their money backed by real estate...
In the process of purchasing my first turnkey property out of state. Just got the home inspection report, and it sounds like a disaster. Water damage on the ceilings, wood rot, old HVAC, questionable roof, dead mice...