I live in Sacramento and I have about $50k (or possibly more) of other people's money to invest with. I have about $25k of my own money in the bank, but I would rather not touch it and keep it as reserves. I current...
My tenant moved out but left a lot of damage to the property. After they moved out, they texted me saying that they filed for Chapter 13 bankruptcy and that I should contact their lawyer. They gave me the lawyer's pho...
Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
I’m a realtor and investor in the Orlando area. We put a 5 unit property under contract, did our inspection and requested the wire instructions. The listing broker sent me the wire info for the title company (which I ...
Hi All, Just a quick question on 1099-Misc forms..I bought a property in Oct 15 under my solely owned LLC. I bought it for 230k and had a construction loan along with the HML loan of another 85k. Fastforward to Jan 1 ...
Hi everyone, just wanted a little advice. I have a benefits tenant who owes me two months rent. He's had the money but spent it. I have issued him with a section 8 with proceeding threatened to start on 20th. Tena...
Hello All,
For the sake of saving time, I have been considering shifting all my lease option and rent to own retail buyers over to just an email list. Meaning when I have a property available, I will send out an ema...
I am in Mobile, Alabama and would like to connect with any private investors or hard money lenders that lend in the area. I normally do flips (buy at courthouse auctions) as well as have begun building spec houses. In...
I have been communicating with a "private Lender" who is willing to lend me funds for a particular project. Having never met him, I'm looking for advise as to how to check him out for legitimacy. He sent me a copy o...
We (buyers) just went under contract on a piece of property in central Texas. We were preparing to send over earnest money and option fee when we were told the sellers were having an issue on their end and may be bre...