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I’m looking for advice /guidance on countering a price quote I received for a Tax Deed in Mobile, AL to gain ownership of a vacant lot. Scenario (real): price quote came in for $3000 on a tax deed for a vacant lot whe...
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Private money, non-bank lenders, also called hard money lenders have always lent money without the need of a mortgage licensing. But the financial reform following the real estate meltdown, namely the Dodd Frank Act, ...
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Today a family of 6 (3 adults, 2 babies, and a 10 year old) viewed one of my apartments but only the 10 year old could speak English. I tried my best to speak to the adults through the 10 year old but the child strug...
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First time buyer here, looking for advice.
Like most first time buyers currently, I’m heavily questioning buying if now is the right time to buy.
I am 29, single, employed, have ample savings, a full VA loan, and a...
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So, I have an applicant for an apartment that I'm renting that will pay for one years' rent up front.It's not an internet scam, I actually met this person. They live two houses away in a 1 bedroom and want a two bedro...
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In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
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I recently joined BP after having been enjoying the benefits of great information and discussion across the site. My background is in retail banking and I've since moved to a management role at a fintech firm but I'm...
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I have a question for investors who are experienced in both "Subject To" and "Wraparound Mortgage" deals.
I have a guy who wants to mentor me in the following investing strategy:
- Put a house under contract for a ...
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I was talking with the guy at MySolo401K about trying to open a Solo 401K. I have a Sole proprietor LLC since 2009 where I was doing consulting and training. My business did really well, but almost 2 years ago, I star...
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My husband and I put a contract on a home. During our home inspection, we found there was moisture in the basement and potentially mold based on our inspector's radar. He also noted the patch work around the foundatio...