Nelson Del Castillo
Buying a banked owned property with a lien
Hello my fellow investors.. I have an interesting situation with a bank owned property! I was suppose to close on November 1st, 2019, after learning that there was a $9,000 dollar lien on the property the closing was...
Marc C.
Are the interest rate increases make you change your underwriting
Residential interest rates have risen about .5% since the election. Now I've noticed they are up about .25% on commercial/apartment loans as well. http://www.crefcoa.com/apartment-rates-main.htmlThe strong stock marke...
Tadek Stadniczuk
Roofer Recommendations in Toledo, OH
Need a new roof on a duplex in Toledo, OH. Anybody have a recommendation that they have worked with before?Thanks!
Patrick Kucera
A Change in Strategy - Hybrid Notes/Buy & Hold Rental
Good Morning BP! I've been away from the community for some time while I've been stationed overseas and I'm looking to get some feedback/constructive criticism on an addition to my investment strategy. When I was yo...
K S.
Collecting from recent ex-tenants
I've rented-out my single-family house in West Seattle for several years while living in California. It's been somewhat smooth but now I have a mess. I've been busy with my day-job so I haven't managed the property...
Kenneth D.
BM REAL ESTATE SOLUTIONS (BMRES)
Has anyone been contacted by Christopher Stevens, Vice President for BM Real Estate Solutions (BMRES), out of Littleton, CO? They called me and are offering an exclusive contract with them if I "partner" with them an...
Account Closed
Is landlording my best option for reliable returns?
I've made enough money to buy a large multiplex house with lots of bedrooms. It's actually not that much, since I've found an area where housing prices are low and monthly rents are high. I want to rent out individ...
Jia Lin
Mechanic's Lien Risk from Subcontractors - Cook County, IL
Hi All, I'm flipping a condo in Cook County (Illinois) and recently discovered that the GC I've hired and paid more than 80% balance of labor has not paid the subcontractors. I have receipts and bank statements to sub...
Jason Malabute
HERE'S WHY I DON'T THINK WE'LL SEE A MAJOR CORRECTION FOR A WHILE
We all know the saying, “what goes up must come down.” We also know that the real estate market is cyclical. Historically, real estate cycles have lasted 8-9 years. However, we have been experiencing property values g...
Adam Bearup
Where to invest cap ex reserves?
Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...