Patrick Britton
Why into foreclosure if owner paid cash?
Hi folks, I just want to make sure I'm understanding this particular situation correctly:so here's the scoop. I found a property in foreclosure, non owner occupied, the owner paid CASH for it back in 2007, $1.1 millio...
Dane Fenner
Tenant Hasn't Paid Rent in 2 months
Hello BP,
I would like some advice on my current situation:
I purchased a Co-op apt in Queens NYC over a year ago. I lived in it for about 4 months and decided to move back home (due to money issues) an...
Gabe Medina
Cash out refi for paid off property
Looking in advice where to look for a cash out refi (~$150k) on a paid off property, which generates good cash flow (~$3,800 net) . It has some deferred maintenance I need to address (roof, windows, etc) before decidi...
Jason O.
only paid if I'm present at deal
This is a statement I got from a partner:
"If you are present when the paperwork is signed, you will receive 10% of the net profit of the deal "
So if I'm not present, I don't get my 10%???
CJ B.
Paid Off Rental Property (What's YOUR strategy?)
Hey BP's. Happy to say, I have paid off one of my rentals entirely. I would like to hear what you would do. Personally, I'm interested in acquiring more properties, flips, investments. Would love to hear what others h...
Josselyn Jorge
HOI on investment home that's paid off
What recommendations do you have for insurance on a triplex that's paid off in Miami, FL? As you know the rates in Florida are out of control. Some people have opted for no insurance while others have opted for fire p...
Ace A.
Paid or paying as agreed Payment deferred
Hi,So, I'm running my prospective tenant's credit and their were 13 accounts with the same information on it with different balance. The status are all the same, and reads "Paid or paying as agreed Payment deferred"....
Heath Clendenning
Paid Mentor Wanted - Questions I should ask?
I have a solid team around me. My step father is a contractor and has been building for about 30 years. My close friend is a broker. I have a great attorney and I have been sourcing money overseas. Very soon I will be...
Mike Alder
Paid a nightmare tenant to move out!
Hey BP Family,Here is a fun investing story for you! My partner and I did not do a great job screening a tenant before we let her move into the upstairs unit of a duplex we own in Cleveland Ohio. Immediately there was...
Jack Randall
Cash Flow from a Paid Off Duplex???
I'm really curious as to what the average ball park cash flow per month would be for a small duplex that is fully paid off?
If you have a property that's paid off that's not a duplex I'd be happy to hear that as well...