Bob Collett
hostile rental owner environment
Hi AllA few weeks ago, the owner of a property I manage received a "ticket" from the city of Cleveland because the tenant did not properly place the trash basket out in front of the house. The city sent a "ticket" fo...
Joe Prillaman
Year One - 7 Deals and No Money Invested
Ok no money is a bit of a stretch but none the less this has been an epic year! I have put little to no money down and have increased my net worth substantially through forced appreciation, positive cashflow, and debt...
Daniel Thomas
Cashing out 401k to invest in RE
Has anyone cashed out their 401k to try and get a greater return on their money and use the proceeds to invest in RE? I have contemplated doing this.
Jo Zhou
An old couple in difficulty and cannot pay rent, what could I do?
Hi, everybody, could you give me some advises for my situation? I have an older couple (in their mid 70s, they are in the wheel chairs), they have been paying the rent on time for 5 years. Lately, they have been late ...
Andrew Faulkner
Dumb question about buying notes from newbie
I have around $250k to play with, and I'm considering buying notes off FCI. Can anyone tell me what I'm missing? Many of the 1st position notes (non-performing) sell for a fraction of the value of the property. It s...
Paul Altman
Private money lending advice
Hi
I am considering loaning money in a situation where I would be getting 35-40% of the profit and also a preferred interest rate on my money. This would more so be a partner situation so not lending to stri...
Manco Snead
Hold or Sell Multifamily with High Appreciation?
Greetings good people,
I'm looking for some feedback on the decision to sell or a hold a duplex I've had for 6 years. In short, it cash flows very well ($1000/month, partly because I put 40% down), is in a desirable ...
Shaun C.
My First Flip. 8 months and Counting and Hopefully $150k Profit
This is the After:This is when we bought it:This is going to be an in depth write up of the work we completed on my first flip, located in a wealthy suburb of Detroit that will hopefully net us around $150k (eat that ...
Rick H.
Desperate non-performing note buyers beware! More hurdles ahead
Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...
Bill Gulley
TEA PARTY COMPROMISE?
Just heard some "official" of the Tea Party bunch saying that they were responsible for the cleaning of the house and that the Republicans will need go along with them!
She was saying there would be no compromise to ...