What are some of the possible exit strategies you may have when buying mortgage notes?
Place I wanted to use is $38 a piece. If I wanted to do a credit/criminal/eviction check that is $114. That seems pretty high to me. Am I wrong? Also what type of checks do you run? I think that the eviction check is ...
Hi Guys! So it's my first year filing my taxes for my multi-member LLC's. I filed my business taxes first which generated my schedule K1's for my partner and I. I show a dollar amount in section 3 (Partner’s Share of ...
Also posted in Getting Started Forum, but figured multifamily category may also generate some responses...so posting here as well. Thanks in advance for sharing your expertise!I’m currently evaluating whether to go wi...
The lease signed for one year, and it is going to expire in March, 2. The tenants due is $$2745. The deposit is $2000. If the tenant did not pay the electric and water bill, me- the landlord is responsible for the due...
i take the earnings from a collection of mortgages we call a mortgage pool and what i would do is take the earnings from 200,000 mortgages that make up the mortgage pool and i would model who gets paid what and when a...
I've recently partnered with a seasoned business owner and Real Estate Investor who will be a great mentor for me. One of the projects I agreed to help him work on is working to collect a large sum of back rent from t...
I'm a realtor and own 10 units of small multifamily myself. I've done plenty of deals for investors and am familiar with the ins and outs of navigating offers on a smaller scale (1-4 units). Though, I'm about to write...
Hi BP,New to the investment world, and very new to Hard Money Lending. From my basic understanding of this type of financing, it seems to be an avenue for me the near future to get up and running but there are some q...
Hello BP community,
In January, I made a post (http://goo.gl/B42l3t) detailing the woes I’d encountered while trying to wrangle payments from the two tenants in my 3BR SFH in Lansing, MI. It’s March now and, ...