I have a long term tenant in a SFH at $1766/mo that I contacted on November 8 to provide notice they would need to purchase the house or vacate by Feb 1. They were very interested in purchasing, and I gave him my mort...
Seller in Columbus OH refuses to return $1000 earnest deposit to Buyer despite cancelled contract and demands $500 before returning the deposit. Seller wont sign mutual release claiming they were not given time to rem...
Hi all, I think I am in some serious trouble now and really need your guys' input!! About a year ago I got connected to a loan broker here in BP who was posting ads looking for private money to fund local flippers- so...
Hi All,I recently went to my first meeting at the Los Angeles Real Estate Investors Club (LAREIC). They had a guest speaker from a turnkey company named Memphis Cashflow. His name is Clifton Stone, he is their Direct...
We own three properties in Tulum, Mexico and would like to expand our investments there, but are having a very hard time finding funding. My husband and I have temporary residency in Mexico, and our rentals are all o...
There are a lot of discussions on the site about starting out, but I find that those discussions where people share the challenges they went through on difficult deals are the best to learn from.
So . . .
What Was Y...
Hello - I'm hoping someone on BP can point me in the right direction.I bought and rehabbed a home at a foreclosure auction. I now have the home under contract for sale, but it appears I overlooked an issue with a juni...
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
I have had the opportunity to find and work with some of the best property managers (after many years) for our current properties. Over the years we have gone from me just treating them like just a service I hired to ...
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...