Sam Chainani
Buying defaulted mortgage notes directly from banks
I came across following idea from internet about buying defaulted mortgage notes directly from banks. However, I need some more help. Please help. Thanks, Sam
Contact homeowner in pre-foreclosure. When you first appr...
Mark Forest
Syndication capital calls
Why is my syndication asking for capital calls? Are any of you experiencing this?
Will Spruill
My turkey disaster
I bought two turnkey rental duplex units in Indianapolis last year that came with a one year rent guarantee. The rent protection was thru AON and was paid for by the advertiser that markets turn key homes.
...
Grant Stuard
How are people scaling so fast?
I have listened to some podcasts, and have heard people saying they got their first 7 properties in 11 months. Some even crazier. I have 5 properties, but I have used all my money to purchase these properties at 25% d...
Russell Brazil
Be Greedy When Others Are Fearful
Be Greedy When Others Are Fearful – A Lesson From The Financial Crisis
“Be fearful when others are greedy; be greedy when others are fearful.” – Warren Buffett
There is a lot of fear in the market place right now. T...
Blaine Alger
Dead Property Owner? Does brother Have Right to Sell the House?
So the Owner has been dead for 3 years and and did not have a will. The brother (who i spoke with) has been paying the property taxes for the last 3 years.
The deceased owner has a daughter who he didn't have a relat...
Diane G.
Can lender force me into foreclosure if I can't repay at maturity
I have a rental property that has a market value of $1.5M and $300K mortgage on it... The 10 year ARM is coming to maturity around 7/17, but I can't find a lender that still does that type of loan anymore (TIC for ren...
Carol Venolia
How do you cope emotionally with nasty tenants?
I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...
Account Closed
Opportunity Cost: Turnkey vs BRRRR?
Hi BP members! I'm an aspiring multifamily investor from Memphis, TN. Currently in the learning and information gathering stage, I am trying to wrap my mind around the major differences and opportunity costs between c...
Ivana Ivanovic
Help me figure out if I am crazy or...
Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...