Steven Williams
Statute of Limitations Expired on a Second Mortgage in California
Hello BP Family,I'm trying to close on a deal in Fairfield California before the primary mortgage holder forecloses on the property sometime next month. I'm able to offer about $25k more than the payoff from the prima...
Jonathan Perez
Financing rental properties and market crash
I just want to ask what are the dangers of building a rental property portfolio through financing compared to buying them cash and owning them free and clear? I currently got one duplex that I got FHA 3.5% down and I ...
David Sussman
Hiring my first employee...
I'm on-boarding my first hire this week, and I'll be starting her off on the phones as a cold-caller. If she does well, I hope to move her over to acquisitions. My question is this: Do any of you use employment agre...
Robert Ellis
UPDATE POST: Franklinton Info For Investors
About a year ago I did an analysis on Franklinton, now that I've done a flip in the neighborhood my opinion has really changed. I believe in pure data to look for trends. For the simplicity of this analysis I'm going ...
Robert Young
short term rental
Hello, I'm new to short term rental and I was looking into finding my first property. I was wondering if there were any short term rental host out of Bakersfield, CA.
Peter Pierzchala
Buying an occupied foreclosure or REO
I'm seeing on some auction sites that a lot of the houses up for auction, either foreclosure or REO, the majority are listed as occupied. Do you just have to plan on evicting? What if there are tenants in place with a...
Cedric Van Duyn
Government Shut Down Affecting Rent Payments
Hi BP Landlords,
I have a military tenant and he just called to say that his February rent will be paid “as soon as the Government Shut Down is over.”
What is the best way to handle this situation, especially as the...
Ilija Sladojevic
JV and sharing my properties that are under contract with someone else.
I am in contact with someone I met through Facebook. He says he has Cash buyers in (State), and is will to work under JV. Would it be possible to share my properties that I have under contract to him without him swoop...
SP Solanki
Tax sale properties in CA. -what lien survie after tax sale
Hi all,I am new in Tax sale properties ‘tax defaulted’ . Most of the properties I see has lot of utility tax lien. And these liens are placed on many properties via single documents.1. I would like to know does utilit...
George Li
Will RE market take a hit in probable 2020 economy slowdown?
Hi folks,It has been a widely held view that U.S economy may enter a "recession" somewhere in between 2019 and 2021. Well, it is definitely not going to be like 2008, but when the equity market falls, will the RE mark...