Coming from NJ to Colorado and now owning some property in Colorado, I am wondering what the responsibility is for landlords especially around marijuana smoking and growing. I know here in Colorado it is legal to smok...
Interested in hearing from others actively in the note investing business if a paid mentorship costing around 20K sounds reasonable, too much or something I should avoid.
Hey BP,I've been reading and taking as much away from BP as I can. One thing i learned on the podcast is to NEVER SHUT UP about your goals and try to provide value everywhere you go. So in my town I've been "putting e...
I read this post on Short Sale Daily News (http://shortsaledailynews.com/banks-make-more-money-on-foreclosures-than-short-sales/) that banks are choosing foreclosures because they make more money by making a claim on ...
Is it possible to use seller financing as a 2nd mortgage to make up for an appraisal coming in below a buyers offer price?
Example:
$250,000 offer received from a buyer
Appraisal comes in at $200,000
Buyer cannot get...
Its LLC entity, will issue K-1 for each partners.
Passive income for passive partners - Should it be categorized as ordinary income just as the active partner, or should be short term capital gain? The project is a f...
Hey there BP. I'm talking with REO specialist (realtor) whom I have not met in person. Told him what I was looking for & he emailed 2 properties for me to look at. He also sent me the lockbox code to let myself...
Since I only have two years of REI under my belt, this is more of a check in to see if I’m going down the right path here and if there’s anything else I could be doing.I have trouble tenants that I inherited and their...
So found a place for sale on CL. Actually a good area and price caught my eye. So I sent the seller an email on it. After a little info back and forth it became apparent they do not own the property. They are also NOT...
A few years ago if a tenant owed you rent or damaged your property you could enter the premises and “hold” certain items. It’s an old law I believe but was still could be used. It’s so old you couldn’t take their goat...