Scott Loud
Information needed from investor to contractor
Hello, as a newbie to this game I’ve been reading all the books. They all have a uniform theme that contractors can be one of the trickiest members of your team find. David Greene’s book does well to describe the ques...
Ben Boru
Negotiating the bank down?...
Here is a mortgage statement from a homeowner that is being foreclosed on. He wants to sell to me. Can I negotiate some of the interest and late fees down from the bank? And what is the best way to approach that conve...
Brendan Kortz
Contract Cancelation help
9 days ago I got a property under contract. The neighborhood is worse than I thought and people aren’t all that interested. I told this to the seller and we agreed on lowering the price. I was just going to cancel the...
Da Shiek Woodard
Proper LLC Structure
I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Joe Leung
NJ Eivction landlord experience
Hi all,I have few properties in New Jersey for few years. I realized the passive income is not really a passive income as the tenant call you for repairs- the fence, leaking basement, driveway crack, dishwasher, wate...
Rall Hanna
drug dealer in home
Please assist....I have a drug dealer for a tenant. I actually saw the person dealing. My immediate reaction was to call the police and evict him. Then...several things came to my mind.
a) If I have him arrested,...
Michael Rossi
Guru Scam Words!
I've been around this business long enough to see just about every scammer out there. I've noticed that all of the scammers use certain words: Here's my list:
1. SECRET (the gurus have a secret alright. The secre...
Elvin Ames
PRIVATE LENDERS AND HARD MONEY LENDERS ARE NOT THE SAME. PERIOD!
I've borrowed over 10 Million dollars from Private Lenders over the past 14 years of investing in real estate. Private Lenders and Hardmoney Lenders are like night and day. A private lender does not need to initial kn...
Alex Babayev
BRRRR Success Detail Deal Analysis
Bought Oct 2020 today Feb 2021 (4 Months Total)completed a successful BRRRR
What’s that?! Read below
I paid $78,000 for it. Property was outdated and distressed. It needed a full revamp to bring it to 2021 stan...