George Dean
Software for Note Management
I am curious.. what software do you use to management your note business? I can see as your number of notes increase, this can be a project management nightmare if one tries to use just excel!For example: a software t...
John Balan
Partnering with contractor - how to structure?
Hi all,I’m looking to get started in REI and have a good friend who is a GC who has experience in flips and new construction. He had some personal stuff he went through that put him in a position where he doesn’t hav...
Svend W.
$5K credit towards replacing a 1300 sq foot roof
Hi BPersI'm looking at buying a house in Chicago whose roof is intact and without leaks but very near end of life according to both the general inspection and a roofing spection. The roof is 1250 square feet and is qu...
Charles Salim
How much does it typically cost to foreclose on a property
I have a property that I am owner financing. I’m the lender on the property and was wondering how much the foreclose fees would be around as just a worst case scenario if I would have take the property back or how m...
David Mora
CAN A SELLER BACK OUT OF CONTRACT
I HAVE A PROPERTY UNDER CONTRACT STARTED ESCROW AND NOW THE SELLER SAID BROTHER WANTS HOUSE AND IT SEEMS LIKE SHE MIGHT BE TRYING TO BACK OUT OF CONTRACT MY QUESTION IS DOES SHE LEGALLY HAVE A RIGHT TO DO SO OR CAN...
Christian Lincoln
Litigious Tenant
A kid moved into my 6 bedroom house. After he moved in he tells me he has asthma and the other kids smoke in the house. I write a tough email to other tenants defending this kid and telling them no smoking AT ALL in h...
Dan DiFilippo
Real Estate And The Life-Cycle Economy
Those here who are familiar with more conventional investing may know about life-cycle funds. For those who are not, a life-cycle fund is a fund that is chartered in such a way that it invests according to the intere...
Raymond Wu
Refinancing hard money structure to allow for a FHA loan
Hello BP community,I’m a young engineer and just moved to Connecticut for work. Graduated in 2015 and want to begin investing in real estate.I recently just purchased a multi-family house (4 units) last month using a ...
Rob Roy
Is Airbnb Sustainable Through Fall/Winter in a Beach Town?
Hello!I'm about to leave Virginia and move up north, and am really struggling on what to do with my current property. I own a 4 bed/2.5 bath single family house in Chesapeake, VA that has a good sized fenced-in yard ...
Craig Moore
Buying First Multi - Which strategy would you implement?
Hi BP,I have a question, I'm looking to buy my first multifamily either Q4 of this year (right around the corner) or Q1/Q2 of 2017. Here's my dilemma. I've only got about $20k saved up. I've spoken to mortgage brokers...