I am looking at a Mobil Home Park and could use some help evaluating it as well as understanding what I am getting into. Basics: 34 acres, 52 lots. 27 lots are owned by tenants who pay a site rental fee. 10 units are...
The couple claims to be married and the wife says she's been a SAHM for 10 years but a quick internet search shows them having seperate addresses 2 years ago. I'm concerned that if the kids are hers, they're really n...
I am seriously looking into becoming a Tax Advocate across the country, for homeowners heading toward a tax sale. I am wanting to see if I can help these homeowners in any way possible, and still make a living doing ...
Hello BP friends,So, I found a good deal and I am about to purchase a property with a tenant in place. I am concerned with the lease that is in place. I haven't seen it yet. The house looks good and the tenant seems t...
I learned today that I cannot have a secondary market bank loan in an LLC name, so if I want to save on an interest rate as I can with a secondary market loan, I can't inside an LLC (I have to carry it with a bank int...
Well, It has been a good 2+ year run, but we finally have had to go thru the eviction process. Tomorrow is out 2nd and final court date. We are nervous but confident that we will win. The tenant owes us 3+ months r...
I have a rental property that I have been working on. I had a contractor give a lady that was interested in the house my cell number and she has been calling me non stop ever since. The house is not quite ready , and ...
One of the things that makes me nervous about RE in contractors. I hear so many bad instances with an RE investor or homeowner about contractor problems, though I have never hear the other side of those issues. My q...
My fiancé and I bought a 3bd 3ba sfh in Waukegan, IL. We agreed that I would house hack while she finished her job in San Diego. I am active duty military and was stationed in IL for a time. I allowed my newly divo...
Here's an interview with a landlord who was attacked by two men while cleaning an apartment. Very interesting article and a good reminder that we MUST be prepared to defend ourselves. Here's the link:
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