George Frye
Due Diligence on Non Performing 1st
I have been studying several notes I have recieved in my email. Most of them are non performing 1st. Could someone who is familiar with working with non performing 1st please help me in how to properly conduct the ...
Kai Van Leuven
What is your rental process?
I have been renting out property for a long time. This latest rental has been pretty tough to move. I wanted to outline my process so you guys could tear it apart:) Any feedback is greatly appreciated.1. Get home 100%...
Jake Brown
DSCR and Loan Covenant Question
Hello, I am buying a 6 unit property. I recently received an LOI from a bank for a commercial loan which states that I have to have a global cash flow ratio of 1.25x and a subject property or borrowing entity cash flo...
Art Maydan
How To Screen Rent Out Property & Screen Tenants
I just listed the bottom unit in the duplex that my wife and I just bought and I have a lot of questions about how to rent it out. I’m hoping some more experienced landlords can help me understand how this process is ...
Cody Johnson-Winsett
I have a deal. Now how do I get funding.
Hey BP I am very happy to talk with you all again. Over the past months I have been gaining as much knowledge as I can to better equip myself for the coming year when I will truly start my "wild adventure in the Jungl...
Account Closed
Help Getting Started
So this may be a simple question, but I'm struggling to understand how I myself can begin implementing the BRRRR strategy.So assuming I find a fantastic deal, cosmetic upgrades needed and well under market value, and ...
Mike Weiner
Criteria for Family Office Funding
Hello All;I work with the intake officer of a Family Office management company, who has given me specific guidance on how they work. These criteria are for information any Principal might need to know if this is a tar...
Dustin Le
[Portland, OR] Number of days to send eviction notice for nonpayment of rent?
Hi, a tenant is refusing to pay rent. How many days do I have to give the tenant before giving them an eviction notice? For instance, if the rent is due on the 1st, can I send them a notice on the 9th? I heard there w...
Michael G.
Finding an STR to purchase (existing STR for sale)
I'm wondering if there are ways to find properties that are for sale that are already STR properties. I'm currently using Zillow/Realtor.com etc. but I'm not finding a lot of properties that are existing STRs. How d...
Chris T.
Question on 2nd note investing
Newbie here in regards to 2nd lien notes. This came across my email and perk my interest. Property is in CAFMW: $430KSenior Lien UPB: $282,000. Current.2nd Lien UPB: $78K2nd Lien mortgage payment: $599.75No BK history...