Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
I just wrapped up this book. Took notes along the way on my iPad. Fantastic Read. Wanna save some of you money and time. I picked it up base don multiple recommendations at the end of BP Podcasts. It’s less granular a...
Good Morning BP!Summary: How do smart investors hedge against market corrections in the commercial multi-family sector? And should required reserves for a property be factored in to calculations for CoC and/or IRR? Th...
I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...
In another thread where someone was looking for properties with Chinese drywall, a company called AbSheild was mentioned as having a remediation process for this drywall. I looked at this company and their claims.
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Bill Gulley posted in another thread that he'd rather have "5 150K properties than 20 32K properties, all things considered. Generally, less maintenance, less management efforts, fewer collection problems, less vacanc...
With the employment hitting record highs the stock market going through the roof, the fed pumping billions. There seems to be an impending crash or serious market correction on the horizon. What goes up must come down...
I have been watching some podcasts concerning impending implementation of Dodd Frank law as it pertains to Lease Optioning. I am very concerned as to how to proceed Renting to Own for my homes in a way that is aafe. A...