Cooper B.
Clarification on Right of Redemption in Alabama
I'm hoping someone can help provide some clarity to me regarding the right of redemption law in Alabama.Say a property is foreclosed and sold back to the bank on the courthouse steps. The bank turns around and sells ...
Ronald Starusnak
How To Evict Old Ladies?
Hey guys, I have a sad situation that I am going to be involved in soon. I am closing on an 11 unit building and two or three of the tenants have been living at their apartments for 15+ years and only paying $300/mont...
Joshua Dorkin
The "Professional Tenant" from Hell: BEWARE ALL LANDLORDS!
I just finished reading one of the most incredible and shocking articles for the real estate investing industry. It is about a "professional tenant" (read: dirtbag) who may just be the worst there is.
If you are a c...
Aaron Mazzrillo
Note Terms & Clauses
On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
Brandon Turner
Landlords: Are YOU breaking the law?
http://business.ftc.gov/documents/bus49-using-consumer-reports-what-landlords-need-know
Hey everyone,
So I read this online today, and am wondering if others are properly following the law when screening tenants? I...
Corey Dutton
The 5 Most Common Questions About Hard Money Loans
For those who have never obtained a hard money loan, there are typically a lot of questions. Here are some of the most commons questions and answers about private and hard money loans:
1. What exactly IS a hard money...
Melanie Liu
Builder wants to cancel contract. What can I do?
We signed the purchase agreement back in December 2020, and it was scheduled to be completed by 4/15/2021. However, the builder has been delaying the building, and recently we were told that they wanted to cancel our ...
Rob Rey
Realtor gets snippy, thinks my offers are too low !
I have recently restarted to look for a property with a new realtor.
I asked the Realtor to put in two offers for me.
One was 80% of the asking price of an IndyMac owned house that was listed for 196,000
The other ...
Jim K.
Tired of all the winning
10:51 pm, I get a call from a tenant at my duplex. She tells me that her roommate is having seizures, that she's called 911, and that 10-12 of her roommate's friends are streaming out of the apartment as we speak. I h...
Jamal L.
Well-executed wholesale deals feel like well planned checkmate.
I just wanted to share in my excitement on another wholesale deal closed with my bigger pockets family. I recently closed on a wholesale transaction all by my lonesome. The reason I'm extremely excited about this dea...