Mike Jacovelli
Is it really worth it telling people your real estate goals?
I know its encouraged here to tell your friends and family your goals with real estate. Tell everyone what you want to do and are looking for. My problem is everytime I do, I constantly have to defend myself and the r...
Marty True
Wholesale to the 3rd, 4th, 5th Power!
As a "cash buyer" I am (or was) on many wholesalers' buyers lists. There is a fairly recent trend where real estate agents/brokers are getting on the "re-wholesale" bandwagon and basically adding on an additional $5k-...
Nat C.
How to handle a contractor mistake
Guys, please help me out with your opinion.I ordered tiles and had them delivered to the property. I specifically told the contractor in writing, what tiles were to go on the bathroom floor and walls.Today he sent me ...
Bienes Raices
Mortgage was sold to Ocwen--what to expect?
The mortgage on my personal residence was just sold by GMAC to Ocwen. I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mis...
Kai Van Leuven
Cashflow: BP most MISUNDERSTOOD term
I read too many posts from investors about "cashflow per door" or "that house does not have a positive cashflow", ect. I feel like the prevailing thought is that it is about "cashflow", singular, when real estate inve...
Mary R.
Wikileaks shut down
when you go after the banks......
http://www.wikileaks.com/
Nat C.
Recorded lien AFTER closing
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...
Paolo Ruggieri
Need urgent -Atlanta watershed - $5000 bill - they shut service
All,I recently purchase and rented 3 properties. in all 3 cases I tenant left after some time and I had to turn water in my name... when bill came was outrageous: $1000-$3000 each bill. Almost $6000 in total. In all 3...
Dane C Allen
Tenant is terminally ill - month 5 of 12 month lease in winter
A longstanding great tenant of mine is terminally ill and has moved out (it’s highly likely he won’t be back). He’s now living with family and receiving hospice care. He’s in very poor health and likely will not surv...
Cassidy Burns
2 Tenants in a Quadplex Joining Alliances: How would you handle??
HI BP,I've run into a little problem with 2 adopted tenants from an existing owner. The first 8 months they were great, paid on time, no issues, etc. As of the last 3 months they have been a nightmare. One has defi...