Peter Pierzchala
Help Reading Preliminary Title Report for Auction
Is there a way to understand which liens I would assume responsibility for if I buy a bank owned property at auction?The Preliminary Title Report states under requirements of Schedule B-I:10. The matters set forth in ...
Account Closed
Seller will not turn over financials?
I am working on making my first investment in multi-unit/apartment buildings (currently buy and hold SFR). I have found a property that I like and would like to make an offer on but the seller refuses to turn over the...
Alexander Knox
Book Keeping on multiple properties
Hello BP!I wanted to see if anyone has some advice on how to maintain clean books/records. I am involved in multiple real estate investments, all of which have varying equity interests so it is difficult to keep all p...
Jamila Thompson
Do I need a full-time job?
Hello everyone!
My name is Jamila. I am 23 and I graduated from college with a degree in civil engineering. I have been working at a NYC engineering firm for over a year. I will be going back to school full-time to g...
Dan T.
DST sponsor performance
One thing I'm struck by is no DST company so far has been able to provide their track record. I would like to see the good, bad deals, and metrics. I'm sure they have this internally but makes me hesitant to trust any...
Melissa Searing
Need Help Understanding Mortgages
Hi BP,
I was "driving for dollars" today and saw a run-down house in a prime area. I found the owner's mortgage info on the county website, but I need some help understanding her mortgage situation.
Her house was so...
Weng L.
Conventional Mortgage on One Building of 4 Townhouses
I am looking to buy new construction townhouses and talking to seller if they can sell whole building (that has four 2-story townhouses) to me as one portfolio (one property) instead 4 separate units. From financial p...
Cory Wells
Direct Mail thoughts when you cannot buy a list
Where I am located, due to state laws, I cannot use sites like List Source to buy mailing lists as they do not sell them. Therefore, I was thinking about using our local property tax website to create a list of 2-4 un...
Patrick Dotson
Pros and cons of condos
Hello all,
I'm curious to know some of the pros and cons of investing in a condo. I dont have a strong understanding on "delinquent condo fees" and how that plays a factor in investing in a condo. I understand that ...
Mary Jay
Do you rent to people with bad credit?
Hi guys,I am not sure what happened to the rental market. All I am getting are people with bad credit. One newly married couple : she had 635 credit, he had a few evictions. The other couple: the guy had an eviction, ...