Mel Park
Rehab and Flip: Just can't get my 1st deal
About me: 47, family, did well in my small-business life for 20+ years, up until about 2019...grrrrrr. Luckily have a decent nest egg, barring major depression scenarios, I think I'll be 'ok' with a a few lifestyle cu...
Riley F.
NYC Out of State Investors
I live in New York City and invest out of state in Kansas City, MO. So far, I've had a very good experience. I own 2 duplexes and just sold a single family home, and have been somewhat lucky in the sense one of the fi...
Mike McCarthy
Good Seller Finance Terms
I'm considering purchasing a pair of duplexes from an older gentleman. He's been renting these properties for 25-30 years and is looking to be done with them. I'm considering a seller-finance offer to help with clos...
Antonio McGuire
My First Rental.... should i rent to felons
Hi, I am renting out my first house and trying to get someone in there in the next few weeks. I have a couple that are really interested, but the male has a felony (schedule II PITS) female has shopped lifted in pas...
John Bagwell
Legal Issues Concerning Note Finding
To all Note Finders,
After carefull research on whether note finders need to be mortgage brokers you must look at the legal definition of each state's legal definition of a mortgage broker. My states defination for a ...
Kim Clifton
Could I go to jail for this.
Hey there BP. I'm talking with REO specialist (realtor) whom I have not met in person. Told him what I was looking for & he emailed 2 properties for me to look at. He also sent me the lockbox code to let myself...
Akhilesh Rao
Have a Big Why- Rental Nightmares
I am new to real estate investing, actually completing a year end of this june 2021. I first came to know of the Term FIRE last year out of the blue after my wife mentioned about alternative income streams.
one thi...
Account Closed
How does money laundering work in a real estate investment firm?
I AM NOT ASKING FOR ADVICE ON HOW TO DO ANYTHING ILLEGAL! Lol.I used to know someone whose dad owned a real estate investment firm that had 5.5 billion of assets.They told me that there is a lot of money laundering th...
Ayodeji Kuponiyi
Can I buy investment properties now or wait until I bought a personal residence?
Helllo fellow BP members!I'm looking to invest in Philly universities area and potentially Buffalo, NY however, my wife and I are currently looking to buy a home as our personal residence. Should we wait until we have...
Jim S
Bid desk rules changing at Home Depot
Was in this evening submitting a fairly large order to the Bid Desk at HD to get one of my projects started. They came back with a $100 discount on an $8000 order. I was stunned. The HD employee at the Bid Desk told m...