Mike Schorah
Are probates or driving for dollars more effective for direct mail?
Brandon Turner and DealMachine recommend sending direct mail to driving for dollars. Michael Quarles and Rick Ginn recommend sending direct mail to probates.
Which is better?
Alejandro Calixto
Cook County (Suburbs) Emergency Rental Assistance Program
Hi folks. For any fellow Cook County suburban landlords or tenants out there... if you had any financial hardship due to COVID-19 you could be eligible for up to 12 months of missed rent and utility payments plus 3 mo...
Account Closed
NC Executive Order 142 Eviction Moratorium
Hello, Wanted to hear opinions of this. I never thought something like this was possible. The Order’s evictions moratorium:
Is effective immediately and lasts for 3 weeks;Would prevent landlords from in...
Miguel Romero
Transferring $from TSP TO SELF DIRECTED IRA
I was listening to podcast #49 and @amanda han who is a cpa said that if we currently have a 401k with my current employer, that i can transfer that money to a self directed 401 and then use that money to purchase rea...
Gabe L.
4 SFR Deal Analysis
Hello all,
I have found a distressed landlord with 4 SFR for sale as a group . He claims he must get rid of the properties asap due to financial hardships. 3 of the 4 are currently rented for 450/month and the 4th ...
Eric C.
Help with getting started with a short sale
I have a deal where the best way for me to buy the house would be to convince the homeowner to do a short-sale and then give him a "consulting fee" afterwards.
How would I do this exactly? Would I write up a Bill of ...
Leon Lee
danger of buy and hold in a downturn market
Hi, BPersI have a question on dealing with economy downturn for a long time and would like to pick the brains from experienced investors here (i.e., they experienced 2008 financial crisis themselves).I heard many horr...
Brandon Siewert
Contract for Deed
I understand the downsides to doing this, but has anyone sold a house with an existing loan on a contract for deed? I'm about to do my first one and I want to know if after I complete the contract, if at some point I...
Angie Williams
Loan forbearance and UNFAIR Suspended Payments?
My question is when someone goes into a loan forbearance, why does the loan company put a suspension on payments?
My neighbor at one of my properties in PA missed 3 mortgage payments. Her mortgage company gave her a...
Brian N
Short sale as an investor?
I have a rental I bough in the 90s. My first. Stable neighborhood at the time, but not anymore. We pulled money out during the boom years and the area is now severely depressed. (South end of Toledo, oh - 43609). I’m ...