Hi all, this is my first post on BP. I've been a long time lurker and my new year's resolution was to start posting on BP and actively participating in the discussion.
By way of an introduction, while new he...
Ok, so I’ve recently begun looking at taking on some partners so that I will be able to do more deals. Mainly buy and hold, but the option of flips could arise in the future.
I now have two people that are willing t...
In an earlier thread, I described my concerns about getting out a problem tenant. They actually did move out on time yesterday, thats the good news. Bad news is that in the process they removed/threw away all the dr...
I am in contact with a 2nd position private lender who is willing to sell his note at a small discount. The property is in California, the sale date is scheduled for mid December and he is the foreclosing lender. Ther...
Hi guys - can you analyse this scenario for me - thanks for your extremely helpful inputs!I see a house listed for Sheriff Auction. The market value of house is 500K.Owner's Equity is 200KJudgement Amount is 300K.1. ...
Investors - I'm torn on making a decision here and am curious how some of you would handle this situation.
For starters, here is my background. I am a new investor in KCMO, but live in Denver. I bought three SFHs a...
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
I just off my second call with WCAP Financial Services.
Long story short, the salesman become combative when I questioned their sources of funding. I requested multiple times to get an explanations and clarity of ser...
Here is how I typically handle rentals:1. I list them on the MLS and people go see them. When they are interested, their first question is how to apply. 2. Right now, I have to email them a blank pdf of the lease appl...
In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...