Steven Devoe
LLC when first starting out, do it or wait?
Hey everyone, fairly new here. I have read more or less every real estate book I can get my hands on here in the last 3 months or so. A friend of mine and I are beginning to seriously consider buying real estate in...
Ryan Lee
How many Tax Liens have you successfully won?
I know there are a few Tax Lien investors in the group, I am trying to see how many success stories are out there with investing in tax liens. What was your overall bid amount?How many tax liens did you bid on?How man...
Christian Penny
Looking for creating financing options
Hello! I'm am looking to get into real estate investment and purchasing a first property some time this year. However, I'm concerned about the 20 to 25% down payment required for most loans. I'm in Madisonville, LA wh...
Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...
Andy Chen
Time to find a new PM
Dear BP, I inherited a PM when I bought my turnkey rental last year. Since the beginning, there was not any conversation or update initiated by the PM and I always had to track him down after I noticed an issue. M...
Derek Venhuizen
Landlord's Ability to Terminate Lease
Can a Chicago landlord terminate a lease at any time (i.e. no issues / paying on time etc) with written notice prior to the end of the term? How many days written notice to tenants is required?Background: I have a 1...
Justin Woodford
Newbie, who can help
I am new to the investing field. I live in the Minnesota area. I have about $7000 cash in my pocket ready to go. Looking for someone to join me or help me get started in multifamily residential rentals. Can someone o...