This morning I was reading an article on The Real Deal about a Florida real estate developer (link to article below). But here is what blew my mind when reading this, but I know very smart people who fall for this all...
In the past I have waived the application fee ($75.00 each person) for people that include their credit report with the application and have avoided having to run credit. Unfortunately I have someone now that can't r...
How wound you solve this Problem ?2 unit property under contract -Financial due diligence complete : section 8 full voucher , Eden program voucher tenant pays $50. Proof of current rent deposits reviewed , Last 3 mont...
I had a tenant told me someone tried to break into his house and broke the window. I inspected it and found no obvious signs of forced entry so I suspected it's either vandalism or one of the boys did it. So I told hi...
Does anybody here do commercial flips or renovations? I believe it may be a good niche for myself. I would consider doing my own renovations, and potentially get licensed as a contractor and find my own clients.I want...
A colleague of mine is interested in these for his private sector foreclosure prevention business... since this is clearly a better option than the ridiculous 90-day moratorium, I thought I'd help him out, so...
Wher...
Hello,I ran into a homeowner who borrowed $160,000 by a private lender, with supposedly a 9% rate and somehow after 3 months if they didn't pay back the loan, there would be a $40,000 baloon!!! The lender "bailed the...
Hi everyone, wanted to reach out as a new investor looking for advice on what markets (cities) anyone investing in IL would recommend for someone looking to buy multi-unit properties from 2-4 units. I am located in Na...
Greetings Fellow BPers,I have a few buy and holds and am in need of some advice on one that has nose dived. I have a condo that was cash flowing nicely up until about a few months ago ( $1250 Rent -$802.21 PITI & ...
Hi! I am currently looking at a property on Zillow that is listed as a pre-foreclosure. The price is excellent (albeit it is a Zillow estimate of what it would foreclose for).How do I go about contacting the owner/len...