Mike Nelson
City liens on REO -How to deal with them?
Whats the best way to deal with code/maintenance liens from city municipalities that are recorded as liens on REO, you know the $250/day liens. Some of these REOs im looking at are vacant since 2011 and the lien was ...
Andy Gill
Will mortgage lien surviving foreclosure negotiate?
I bought a property at an hoa foreclosure and a mortgage lien survives and is itself in foreclosure. Are they likely to negotiate or will I have to pay the balance? I can't get the mortgage company to talk to me at al...
Daniel A.
The Value in Telling Others What You Do
I have spent a large part of my life shrouding myself in secrecy. I didn't want people knowing what I was up to or how I knew what I knew. Part of me feared that by letting someone know these things, they would see th...
Patrick G.
How Much money is needed to purchase a group of Bank Notes from a Bank?
I did try to search for this, but maybe didn't use the best terms, so I apologize if this has been hashed out a few times.
I've listened to a podcast (real estate guys) and read some on BP about purchasing Bank Not...
Bienes Raices
Termites in REO
I made an offer on an REO (bank never responded, so we were planning to resubmit) and then the agent discovered an inspection report that shows evidence of termites.
Has anyone here ever just lowered their offer amou...
Michael Modesto
LLC Formation for a Californian Investing Out of State
Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
Brandon Fitz
Advice Needed- Rent or Sell
Hey all,
I am currently in a conundrum. I bought a property roughly three years ago. At year two of owning the home, we refinanced (since interest rates were so low) and have since moved out and now rent to a tenant....
Filipe Pereira
Good deal...or am I missing something?
Hi Everyone,Still adjusting to this forum...so many thread areas, I'm not sure if I am in the right one....forgive me if I'm not. I've been looking "at the numbers" so long, I'm not sure if I'm looking at them right. ...
Sarah Karakaian
Our First Multi Family - And We Were Duped
Well, we just closed on a 4plex. We did everything we were supposed to. We used the calculator. We calculated for CapEx and even put aside 12K for each door for emergencies.We hired a home inspector.Thank goodness we'...
Satyam Mistry
Tenant Proofing Tips
🔨 Below are some methods I have used to help tenant proof rental properties I have in Omaha, Nebraska. Of course the number 1 way to tenant proof your property is to screen applicants thoroughly. However what are some...