HiI am new to being a landlord and the first 4 unit home I purchased resulted in a few things you don't wish to begin your journey!1. I had a vacancy from a tenant moving out and the tenant who moved out didn't pay la...
A guy named Frank Walker showed up in my Facebook messenger asking if I needed a loan to finance my deals. I said, not at the moment. He then asked me if I could text him my email address so he could send me his fund...
Hi Does anyone one know of a key pad or door lock to for this situation to allow tenants to let themselves? - no wifi- power only
I got contacted by a private lender, but I haven't heard of him or met him. He's not in my local circles. He seemed to know the language and was full of promises.Are there specific questions to ask to feel out whether...
I just wanted to do my due diligence to advise all of a Scammer that claims to work for MVP (Me Vacation Property Management). He will be very diligent and responsive at first, then once he has your money he will dis...
I'm borrowing money from a private money lender to close on a quadplex. He mentioned he will transfer the money to my account and not the title company. Is that okay? Also this is my first time with private lenders. W...
Hello BPers,This is sort of a case study and a call for help. In the beginning of 2017 I had been befriended by a gentleman by the name of Matthew Kadash. Owner/president of BMRE Holdings. We had been talking because...
In St.Louis, we have had an amazing amount of scams regarding rental homes on lockbox showings. The gist is the scammers gain access either copy your keys or leave a door unlocked then copy your add to FB at approxim...
Now that I have come out as a "real estate investor" some companies have solicited via LinkedIn and I wanted to get opinions. Seems they are private money lenders looking for business and I wanted to get feedback on t...
Should a private lender, using money from their ira account, get lenders insurance when investing in buy and hold syndication deals?