Hello yall, What is the best way to make/format a loan if there is no physical property attached to it. For example, giving a loan of $15,000 toward the repairs or purchase of a potential property? What type of contra...

Hi all!I'm working on closing a deal and there's two big things I need to handle!1) The previous owner didn't collect security deposits from tenants that will be staying and signing a lease with me.2) The previous own...

I’ve talked to a couple of the pros on this forum, special thanks to @Jay Hinrichs and @Chris Seveney, about using financing to purchase notes, specifically first lien, performing notes. It seems procuring financing t...

I finally took my first action after years of thinking about it.  I am hours away from signing a contract to purchase on a three unit house.  Two of the units are vacant, but one unit has an existing tenant.  I am tol...

I think I want to start my own 506 (B) does anyone have any advice on who to reach out to so that I can start one?
I work as a real estate agent in central Iowa and because of the marketing I do, I am constantly gett...

Hi! I recently received my first booking on Airbnb for a 31 day stay. The guest is relocating from out of state and is currently in the market to buy a home. That being said they want to extend their stay with a lease...

I have a tenant on a one year lease that left after two months. She had issues with finances and could not pay rent. We gave her official notice to vacate in 3 days, which she did. That was on the 14th of the month. C...

Hi BP, I am looking to invest in my first midsize multifamily property in Central Florida area.  I would like to bring in some passive partners for the deal and I have a few friends that have shown interest but I am n...

Hello everyoneI'm going to try to keep this simple. I recently purchased a duplex. It's 2 stories, 1 apt up and 1 apt down. The lower apartment has 2 access points, the front door and the interior side door. There is ...

I'm getting ready to close on my first mobile home park. It's a 17 unit. The current owner goes door to door to collect rent every month but I'm not doing that. All of my tenants drop off rent at my office. What recom...