Christian Hutchinson
Renegotiate a Land Contract
I bought a property on land contract. Renovations are going, and there have been some hiccups. I have a 3 year note at 6.5% and a 25 year amortization. We have a monthly payment of $1750/mo and it reduces the princi...
Jim Biggs
security deposits
Curious? What % return 100% of security deposit? What do you think is the average $ amount applied to repairs? And, how does that fit into some of the new insurance products that are being marketed to landlords in ...
Jennifer Fernéz
Need help buying a buy and hold property with no money
Hi, I'm trying to find out information for buying a small multi unit property. I have a savings account with about 5k in it, which is not enough to pay for 25% down plus repairs. I'm looking at properties in the $...
Caleb Rigby
Eviction processed.. do I really need to keep their crap???
I went to court in Ogden yesterday and the judge issued an immediate order of restitution so I have the house and the tenants are out...but they left about 2 dumpsters worth of crap (clothes, furniture, misc junk) in ...
Todd English
Nearing End of First Flip - Thoughts?
SO, my wife and I began our venture into investment real estate approximately 2 years ago with a buy and hold strategy. We decided this year to do our first flip. We bought it for $114,500, put about $50-55k into th...
John Kaspar
New member from Massachusetts. (planning on going to VA)
My name is John Kaspar and as the title states, I'm from Southern MA. I've spent 12 years of my life in the Army National Guard, been all over the US and overseas. Got back from Afghanistan in 2011 and decided to go ...
Felix Vargas
Finding good deals VS great deals !!! Opinions?
How do you find good deals ?? How do you find great deals . What's the difference in strategy?
Vincent Polisi
Has Anyone EVER been forced to pay an accelerated note because they transferred title and the bank enforced the due on sale clause?
The "Due On Sale Clause" in every lender's note is a common investor fear due to the myriad of ways investors transfer title on deals.
In 30 years, I have NEVER heard of a bank accelerating a note that was paid timel...
Dylan Speer
Condo Reconstruction Nearing Completion & Need to Get Out
Hello BP,
I need some advice on what is the worst investment I've ever made.
Overview:
- Purchased a condo in 2022 for $270k, with a 3% down payment. Currently owe $255k.- Mortgage rate is 6.125%.- Lived in it for ...
Marlene Michael
Rental applicants lie!
Tenant screenings can be a nightmare, and today was my first time screening with knowledge gained from BP podcasts and members. My very first tenant was chosen because I needed a tenant, and she was the only one who a...