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Investing in trust deeds???
I have an opportunity to invest in trust deeds in Orlando, Fl, which is close to home. I put 50% and the buyer puts 50 %. I take a 1st lean holder position for 60 months at 9% with montly payments. Can anyone gi...
Daniel L.
Investing on Behalf of or Maybe Commingled with Parents
My parents have equity in a property of which drawing $200k on the HELOC in no way risks their livelihood. They've done so before for investment purposes and wish to exercise it again. They're wanting to explore one...
Swat Khan
50-unit // All Section 8? Experience?
Does anyone have an all section 8 on their apartment complex?
I'm getting a good deal on a discounted apartment complex near downtown in a C area of a 200,000 Texas city...I spoke with HUD section 8 in the city and ...
Mark Weiss
Insight on Avoiding Dealer Status
Hello BP! This is my first post ever even though I've been reading on the site for some time. I can usually find the answers I need in old threads but on this subject I haven't found exactly what I am looking, hence t...
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Trespasser Neighbor Louisille - How to handle?
Hi all!I've been dealing with a trespassing neighbor at my house hacked duplex over the past couple of weeks. Neighbor will come into front yard and stand outside my tenant's bedroom windows and just do random weird t...
Ryan Cruz
When to LLC (Now? Later?)
Hi, I'd like to get some feedback regarding at what point I should form an LLC. So currently I own one rental property, and am in contract on another. Both of these properties are out-of-state. I've seen both forum...
Leeling Chew
Should all tenants fill out rental application, or only the one who pays the rent?
A potential tenant is interested in renting my 3/2 house. Four adults will be residing in the property, with only one responsible for rent payments. Should I require all four individuals to submit rental applications ...
Michael Morrongiello
Any Easy way to Get ESCROW Impound Funds BACK - when SUBJECT 2 Loan is paid off ???
BACKGROUND: Bought a property SUBJECT 2 an existing 1st lien (lets say serviced by Shellpoint) years ago. Loan is NOT in our name but in the name of the original borrowers. This account includes ESCROW IMPOUNDS being...
Glenn P.
Property Manager calling previous Landlords for tenant reference?
Hi,I'm wondering if most Property Managers call the previous landlord(s) for tenant reference? As a independent landlord I have always found this to be immensely helpful in finding a quality tenant. It doesn't sound...
Tim Silvers
BUYING INTESTATE PROPERTY
Looking at a deal (?) that presents some interesting twists and turns I've never encountered. So, before I go to counsel and hit them up on this one, I thought I'd run this one by some of who will hopefully shed some ...