Hamza F.
Hard Money Lender Sourcing Tips
Hello,My partner and I are about to acquire a small MF (2-4 units) in AL and are looking for private money lenders who can provide a fixed-rate loan (either to us personally or to an LLC). What would be the best way t...
Todd Heintz
Do you always use a purchase contract when making an offer?
Hello fellow BP'ers. I have a question for you. When you are negotiating a deal for a SFR do you use the real estate contract when submitting your offer? How many go about it more casually until a verbal offer is a...
Malik Batchelor
Probate
Hey does anyone have experience searching for probate leads at the courthouse in Norfolk, VA?
Jane S.
Angry tenant Lease Expiring
Is it a red flag if tenant refuses to respond to my phone, email and text messages? Her lease expires last day of this year. I offered additional 2 months on a 12 month lease so they could enjoy holidays, since findin...
Bryan Germann
New to BP, would like advice on my strategy
Hello All!My name is Bryan and I am into rentals. I would love any feedback on my current approach and some ideas on how I can step up my game without dramatically disrupting my current lifestyle. I am 30 and curren...
John Underwood
Why an LLC may not protect you from a Lawsuit
I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...
Sam Leon
How to "negotiate" a verbal offer?
I am dealing with a FSBO property. Seller is not experienced in the process and did not hire an agent for representation.I sent in a formal contract offer. He has a few other offers, but from what he described, they...
Mike A.
Loss of rent / income insurance - response from insurance company
I messaged my agent and asked if tenants are unable to pay and evictions are stayed, can I request loss of rent assistance from the insurance policy. Here was her response:"In any shutdown due to a scare or pandemic o...
Dametrius Clark
Too renovate or to not?
I’m a newbie in Cleveland Ohio. A friend and I want to learn the skills of buying and rehabbing ourselves. So my question is should we buy a super cheap property and learn how to rehab as we go or should we do an appr...
Jason Hudson
Seller with due diligence
Is it a normal practice for a seller to require you to be under contract before they will provide any type of due diligence you ask of before even making an offer? Seller won’t provide financials or anything whatsoeve...