William Stinson
Employee approached me about doing a secured promissory note
I recently had one of my 1099 employees approach me about helping him deal with some back taxes that have come to a head and he is running out of options. He owes $60,000 to the IRS from 2004 taxes and he has asked me...
Hal Mullins
Real Estate Investing after a Hurricane Event? Good Idea or Not?
I am looking for an Investor with Experience, maybe in the Houston Area, that has investment experience after the effects of the Hurricane? We are trying to get a feel about if it is a Good Idea or Not, and what kind...
Scott Nachatilo
Bank Forgot About This Property?
An individual has a house he'd like to sell me in which he obtained money to purchase the property through a Argent Mortgage. He stopped making payments on his mortgage shortly after that, and more or less just let t...
Steve K
Anyone in Nola / Baton Rouge?
Just curious how the rehab and flip market is in either city? In the New Orleans area are there a lot of good deals on the north shore or is it mostly South shore?
Jerry Villa
Looking for Stories of Retired Fixed Income SS starting in REI
Need help to demonstrate to loved ones that their situation is not the end.I have some family members who are near or into retirement age on fixed income, collecting social security, and dont have much or any assets. ...
Mark Clarke
Restrictions on HELOCs
Can I use a HELOC on my primary residence to complete the purchase of another home which will be my primary residence, paying off the HELOC when the first place sells? Do the rules on this vary according to state?
Jack Forester
Rental Property in Augusta, GA
I'm in the due diligence period on a property in Augusta, GA. It has the current owner's house, a 1 bed/1 bath house, and a duplex, all on one tax parcel. It's zoned R-2, which is two-family housing. I called zoni...
Matthew McNeil
I threatened to stop paying escrow to my new lender. It worked!
Two months ago, I completed a REFI to lower my rate and increase cashflow. Within two weeks of closing, my lender sold the note to a large lender based in Florida which I’d never heard of. I was shocked to read ABYSM...
Gagan P.
Gas station investment?
Hopefully this post won't get deleted since the last 5 I posted regarding pretty much anything got deleted with a "you can't ask for advice" email.So... Anybody here invest in gas stations in the East Coast? If so... ...
Thelonious Jones
What are the biggest fears of becoming a landlord?
What are the biggest fears of becoming a landlord?- Maintenance/Repairs- Bad/Messy Tenants- Turnover/Vacancy-OtherThoughts and feedback are appreciated.