Wesley Thompson
What I learned on my first investment property (so far) Part 1...
Yesterday I closed on my first true investment property. I have another which was a primary home, so I don't count it. This one was purchased with the sole intention of being a cash flowing investment property. Having...
Thomas Levy
Looking for a Contractor in the Philadelphia Area
I am a first time home buyer looking to do a 203k rehab and live in the Philadelphia area. I was wondering first, if anyone had any advice for me or any tips that could help the process go smoother. And secondly, I wa...
Robert Fisher
Share Ownership with IRA?
Dear shared wisdom of BP,I'd obviously like to talk to my attorney and account before I do anything, but I thought I'd ask the question before potentially wasting my time (and money) talking to them.I'm going to check...
Elijah Goll
Refinancing a Portfolio of High-Yield / Low Value Properties
For the past three years I have been plowing my personal funds into the Indianapolis real estate market and acquiring single family rental homes in need of minimal rehab. I’ve tried to institute good fundamentals from...
Lisa McClease-Kelly
Veno to collect rent.
Does anyone have any experience using Venmo to collect rent? I would love to hear how it has worked for you.
Sean Relyea
Baselane & ACH Collection Services
After receiving payments in cash, check, Venmo, Paypal, and Cash App in the last year, I think it's time to look for an ACH collection service. I've been seeing constant ads for Baselane, which I'm guessing is newer b...
Spencer B
NoVA Pre-Foreclosure/Auction Tracking and Data Sources
Hey,Does anyone have any sources of a reliable data service for tracking pre-foreclosure and/or trustee auctions in NoVA counties?I recently relocated to the area, and the default tracking data/process seems extremely...
Stephen Rockwell
Subject To... Can I write off the Mortgage Interest?
I have an accountant that recommended that I have the sellers sign an addendum that says they "are not claiming the mortgage interest, they no longer have an equitable interest in the property and they are transferrin...
Anthony Micklus
First Time Working with a Tenant
I am a Realtor in Vermont. I will be listing a home for a client but they have a person that is currently renting the property. The owner is lives several hours away and has asked me to take care of the exit process. ...
Han T.
Self-Originating Promissory Note and Mortgage
Hi All,A few questions here.1. Have anyone self-originated a promissory note (pledging their properties as first lien with a mortgage note) before? What I mean is, instead of finding banks, FHA, commercial loans or Ha...