I met with a guy this morning who is one month away from foreclosure auction. He has a crappy ARM loan from 2000 that he owes about $35K on at 11.95%. He also has a garbage assessment lien for $195, a lien from Capi...

I am working with an off-market deal. The seller has a mortgage $180,000 and he has $18,000 in arrears. He already had a bankruptcy. The retail value is worth around $230,000. The seller wants to sell with $10,000 in ...

Hello,
I've been lurking in the forums for close to 6 months and thought it was time to properly introduce myself.

My name is Adam Newcomb. I live in San Diego but grew up in the 'burbs of Cincinnati (Batavia and...

Rented out a condo 3 months ago. Tenant turns out to be a chronic liar/rule breaker. Second month's rent was late (eventually paid with late fee only AFTER I served a notice). A pet dog was found while I was there to ...

I really need help making the best tax situation here.I bought a note (owner in my name) from a bank at a discount.  For ease of analysis, lets say I paid $10,000 on a note with a balance due of $100,000.I then bought...

Hello out there BP, I am trying to decide whether or not I have a case against my property management company. I've been reading some of the forum posts here on the subject of civil lawsuits against PM's and what I've...

Can you please help me and advise me on this one. I have a 28 unit apartment complex (mom & pop type) under contract for $185,000 and the tax assessment is at $250,000 and its market value is at $300,000. Fully oc...

I'm curious if most of you guys hire a GC for your projects or do you subcontract the work out yourself? Do any of you have a crew of workers you pay a salary that go from project to project?

My deal (first one):
I have a 3/2 SFR in a good neighborhood, it's a short sale.
My offer was accepted and is currently going through the banks underwriting.

So my question is. There is a tenant in place.
If I keep t...

Me and partner are actively investing and buying in multi-family and office building all over the country. We raise money from passive investors. We typically open LLC and have equal equity partnership with passive in...