Paul Munly
Portland, OR Landlords -- Please Take Note
I'm on a Portland, OR real estate broker's email list (I was thinking about buying in Portland a few months ago) and received what appears to be a pretty alarming change the city council is trying to pass this Thursda...
Bob Malecki
Question on 2nd position npn in CA -- can I contact borrower?
Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Steve K.
Tenant thinking that they are Landlords
We are in great state of Pennsylvania and have tenants who have been renting from us for 2+ years. When they initially rented from us, they rented an apartment in a property that I personally owned. Now they are renti...
William C.
My flip took 11 months...what went wrong?
Ok so that's a bit of a loaded question because I have a good idea as to what we did wrong along the way. The reason I pose the question this way is so that I can get some unbiased, candid feedback regarding this pro...
Forest Wu
List of Syndicators/GPs to AVOID?
Hi! One of my last posts was asking about syndications/PE opportunities. Unfortunately, I've come across quite a few people who are really upset with how their syndication experience has been. Quite a few people have ...
Ashley C.
Let's Get REAL For A Minute Section 8 HUD Property Investors
So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also so...
Matt Inouye
BRRRR - Low Appraisals
Hi BP Community,I recently encountered a situation with my primary residence that got me thinking about how it might impact my use of the BRRRR strategy.I recently refinanced my personal residence with about 60%LTV. ...
Chase Cline
Should You Form a LLC for Each Individual Rental Property?
My wife and I just bought our second property and were considering forming an LLC for them. I just read something that said some investors opt to form an LLC for each individual property as a shield so that any lawsui...
Roy K.
Tom Krol as a wholesaling coach
With all the negativity out there about coaches and programs I wanted to take a second to say something about Tom.I totally love this guy!!! Tom totally changed my wholesaling operation in 4 months.He broke it down to...