Let's say I have a $20,000 note. I want two $10,000 notes. How do I get that? I know a little about buying discounted notes. How difficult is it to sell a note for two smaller notes that total the full price? Can you ...

Hi there,So I am relatively newer to REI. I have recently bought my first 3 SF rentals and now I am looking to expand. I was just came across a rental portfolio that I do not have enough money to pay for with cash. I ...

I've heard some say the rule of thumb is "short as possible".  Others just go out to 30 years.  Still others figure out a realistic monthly payment, work back from there, and have a unique schedule like 21.75 years (2...

Sold a property using contract for deed on a 10yr note at 9% apr. Property has been seasoned for one year, and now looking to sell the contract. I have been offered a couple of options.  1.) Partial buyout 5 years of ...

My tenant and his wife are teachers and have 4 kids. He has good credit (>700) and she has poor credit. They have been paying on time for the past 6 months and now are requesting to make half the rent payment now a...

I am in the process of finding contractors to complete a rehab in Baltimore. Meanwhile, I've been trying to gather forms to generate my own contract to use with any general contractors/subs I hire. I've read numerous ...

Hi - Thanks to all of you off the bat for your generous contributions in helping me begin to understand notes through your posts, podcasts, and videos. I've been doing a fair amount of listening and reading and had a ...

I think I know what I am going to do, but wanted to ask other investors how they would handle this situation:
A guest brought a 2WD in spite of my 4WD requirement, and got stuck up a 1-way gravel driveway. He had ki...

Should I accept partial payment from a tenant after I file the eviction with the court? This is in Miami Dade County. I have filed the appropriate paperwork for the eviction and the tenant now has partial payment a...

Hello BP,
I'm currently house-hacking a 2-family property in the Hudson County area. I bought the home just over two years ago when interest rates were at an all-time low. When I purchased the house, the second unit ...