Vanessa Garcia
Note Foreclosed, Next Steps?
So my brother @Eli Garcia and I are working together on increasing note holdings between the 2 of us. 2 heads are better than 1 kind of thing. Any who, he bought one that's in Detroit, MI that was in foreclosure and...
Bill Gulley
LLC Minutes & Maintenance Issues
A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.
Not only do members need to have an Operating Agreement but the corporation needs to be maintained.
Min...
Blake Kirby
How to evict good tenant?
I just got a deal with seller financing and to make the payments I have to increase rents. With LA's ridiculous laws im not sure how to get the tenants to move out. Turns out 5 out of the 7 are related and they only p...
Rachelle Richardson
Advice for First Rental Property
Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...
Tony Thompson
Suggestion For a New Forum: Dealmaking Failure Stories
I would like to see a "Dealmaking Failure Stories" to counter the "Dealmaking Success Stories" in the BP forums.
We all know that you can't achieve success by being a perfectionist and without failing. Would love to...
Roman Randall
Should I be physically visiting my LTR properties once a year?
I own two long-term rentals (single family homes) in Colorado. I haven't physically been inside either property for years; I've only driven by each house 1-2 a year. Each of the tenants are great, they always pay on t...
Bill Gulley
FIXING DODD-FRANK/SELLER FINANCING
I'd like to get ideas from BP members on the topic of seller financing under the new laws.
Not looking for smart comments from several we already know don't like the changes but here's the fact:
It's th...
Andrew Benke
Legal weed growing in apartments
We've been investing for the last 13 years in solid buy and hold quality rentals in Ontario CanadaI'm wondering how we can protect ourselves from mini grow ops in our apartments once it becomes legal to grow 4 plants ...
Jean Norton
DC Fawcett/Karen Hanover Commercial Goldrush Trip Report
Karen Hanover/DC Fawcett Commercial Goldrush Event Report
Karen Hanover and DC Fawcett clearly gave of themselves the entire time of the event. Karen presented most of the material and made herself available during ...
Sandy Thayer
Buy Note on Short Sale?
Why would a real estate investor want to buy the mortgage note on a home where the owner cannot make the mortgage payment? At first, the investor wanted to purchase the short sale home to repair and sell. Now, he me...