Jerry K.
Big boys entering Residential Foreclosure market via Hedge funds (again)
Thought this was interesting to see in "Institutional Investor" Magazine. The banks and big asset managers are creating new private placement (Hedge) funds to enter the Foreclosure market. They want to acquire and r...
Brandon Golding
First Real Estate Transaction with an Investor
I've met a few investors and had good conversation and exchanged numbers, but I haven't had any luck with creating a partnership to close some deals. Any Advice?I've recently entered the real estate industry, but I'm ...
Bienes Raices
Making an alteration so that inspection can be done?
In the REO, the attic entrance is one of the those small hatch doors in the garage that you enter using a ladder. The bank(?) put some kind of contraption there that prevents someone from entering the attic. It's almo...
Christopher Lim
Splitting the water meter, is it worth it?
Hi All,My water company called out of the blue to have the water meter replaced; they are planning to replace all the meters in my neighborhood as part of their upgrade cycle. I figured this could be a a good opportun...
Charles D.
Need suggestion on how to evict the tenant legally
My wife has a house in Tacoma Washington. She is managing the property herself 1st time. My wife wants to check the expiration date of the smog and CO detector. The tenant will not allow her to do to the house to chec...
Rick L.
Tenant Screening (ie-Credit Report, Background Check)
So, I've found a tenant that I like and want to screen them for Credit, background check, etc. What/who is everyone using for these reports. I've looked at Smartmove, but it seems that the potential tenant has to re...
Jeff Macdonald
Trustee's sale: What happens to personal property? My first deal.
I just made my first REI deal today! I bought a house at trustee's sale (courthouse steps). The owner passed away early 2016. I'm guessing there is still considerable personal property in the home. What does the law s...
CJ M.
When does someone who breaks in, become a tenant?
I've heard the horror stories on here about squatters and how people have needed to go throughthe eviction process, even though there was never a lease in place.Might be a dumb question, but at what point does a squat...
Philip Pape
Tax rate / treatment for short-term profit on security agreement
I am taking back a second lien on a property undergoing renovation. In a simultaneous transaction, I am entering a security agreement with the owner for a share of any profits from sale and (if applicable) rental, whi...
Reggie Jones
I need help knowing where to get an assignment contract from
So I am working a wholesale deal and do not know where I should get my assignment contract from. Can anyone help?