So how exactly do you vet Private Money Lenders when “Private” is their First name?? Let’s be clear, I’m not talking about Hard Money Lenders who are somewhat regulated by your state or local real estate boards. Inste...
Hi Everyone! Just wanted to introduce myself. I've been reading this forum for about a week now - what a treasure trove of info!
My wife and I are newcomers to the business. We are in the process of buying our first ...
Basically the LA market is nuts and cannot decide what is the best decision for us. Through Covid we have been staying in a family member's vacant home here in LA and previously rented. Obviously as things open up, we...
Has anyone tried pulling a list of specialty leads that specify the type of motivation (i.e inherited, pre-foreclosure, divorce, 65+ with high equity)? If so, did you feel like you were getting a quality list? My cos...
Hello,I currently have 3 properties under contract in Griffin Ga.1) quadraplex at 60k, fully occupied at 390 per month 2) single family at 18k, occupied paying 4253) single family at 19.5k occupied paying 500The prope...
I was just told by a potential seller that if I make an offer, it will be considered with offers from 5 other people. Is this typical? Do you compete with more people or fewer people?
Dear BP Members,
I just formed my LLC, Got My EIN, have been reading like crazy all about real estate investing. Got Mr. Turner’s books, and many others. I have been to the Than Merrill small seminar, I plan to go to...
Hi,I purchased a new construction home as my first rental property and have a closing date of 12/28. I live 1000 miles away from this new construction rental. I have a couple of questions and would appreciate if anyon...
Has anyone worked with Catalyst Funding out of Houston, TX? I got pre-approved with them on the recommendation of a fellow investor. Now looking at my first flip, crunching numbers and had Catalyst provide a loan es...
Let's set the tone straight; most people don't get into the rental business because they like to manage problematic tenants, deal with leaky toilets or attend eviction hearings.Most people follow traditional investmen...