Sue Vivilacqua
Sold my portfolio and the property management isn’t paying me out
Anyone else dealt with this and what did you do? I had several properties being managed by an Ohio property management company. I recently sold all the properties. I have a pretty large balance sitting in an account ...
Mark Forest
Rent payment methods Zelle or Venmo
A tenant has suggested we use the services ZELLE or Venmo to collect rents. Currently we use snail mail to our P.O. box to collect rent checks. Is anyone familiar with these services, and can you tell me how they wo...
Mark Parzych
Houston Flip - Regular Updates from Start to Finish
I am closing on my 5th house, which is my 7th deal, on October 17th and my plan is to renovation and sell it. I'm buying it from another investor who started writing about it in his BP blog but I won't share those det...
Supada L.
Expensive repair on rental. Should I do it?
Hello,
I have an out-of-state rental that I've relied on the property management to take care of it. I have owned the property for about a year and there has been minor fixes that already turned my first year cashflo...
James W.
Purchasing "subject to" protections for buyers and sellers
I’m looking at purchasing a property in Minnesota and it may be possible to buy it subject to the existing mortgage. I have done a bit of searching about this on here and have not been able to find a consolidated thr...
Tess Vismale
newbie from Atlanta: Needs Exit Strategy on Duped Deal
Greetings,
I am a newbie and I wanted to see if anyone had any suggestions on how to get out of the deal I made. My loan is with New Century.
Last year I purchased a house through a supposed "mentor" for 198k with a...
Jordan L.
How to report a Shady Realtor
For the past few months, I have been looking at some multi-units. I was interested in some but all the properties I was very interested in was listed by one particular shady realtor. I called the realtor to view the p...
Andrew Schutsky
I've been bitten by the MF bug and there is no turning back...
Hi All,
My name is Andrew and I'm from the Southeast PA area (Philly suburbs) and have been involved in real estate since 2006 when I purchased and "house hacked" my first home. To date I've been focused on buy and ...
Don Konipol
10 Most Common Incorrect Beliefs by Inexperienced RE Investors
Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
Wendy Black
Covid Could Be a RE Disaster
What do you think?
We're waiting to see how it affects the tenants in our houses and those whose notes we hold.
https://www.ocregister.com/2020/03/24/l-a-billionaire-coronavirus-puts-real-estate-on-brink-of-collapse/