I was just looking at notes for sale on FCI Exchange and noticed a few of the Non-Performing 2nds priced >100% of UPB. They also happen to be in bankruptcy.Here's one:• Seller Asking: $43,196.47• Current Balance: $...

Hello,We are selling our primary residence after living there for 10 years, and will gain nearly $1M (purchased $390k, sold for $1.375M).  We are immediately buying another house for $1.2M.  As a married couple, we ge...

Hey y'all. I completed my first BRRRR on a SFR a few months ago. Was able to pickup a duplex as well under the same criteria, and currently have two more SF BRRRR's ready to close and ready to rehab. I received a conv...

Hi All, who are interested in tax sales auctions. I am a newbie and have couple question regarding auction and I couldn't find answer online.Baseline: Georgia, Gwinnett county. Redeemable deed (1year) with 20% premium...

I should sue for the additional cost of putting my rental back together after these folks left a whirlwind of filth, undone lease items, etc.? The furnace co. came to do maintenance, which renters never did, & he ...

Hello, I'm a long time lurker but I believe this is my first post.  While I have upcoming meetings with a real estate CPA, attorney, and a financial planner I want to reach out and see if anyone has some insight.My bu...

What does state law say about this?
Due to damages exceeding the security deposit all funds will be retained by Foundation Property Management, LLC. This does not exclude the resident from future obligations to pay t...

Just read an article today saying that you should NEVER buy any income producing real estate that does not have a Gross Rent Multiplier (GRM) of more than 8.iow, A property renting for $1,250 a month, or $15,000 a yea...

Hello,I have not gotten any rei yet I am located in Scott county MN. I am in the process of paying down all my debts to reduce the cf needed to stop working my regular job. I have been learning a lot about what to rep...

Hello All,I recently put new flooring in my townhouse before new tenants moved in. The cost of the new flooring was approximately $3,400. I'm also in need of a new roof. I have the cash to do it and would like to do i...