Suzanne Player
What to do about security deposit when stainless steel appliances discolored?
Tenant just moved out, cleaners found they used the wrong type of cleaning product on the stainless steel appliances, causing a permanent discoloration. Professional cleaners (Molly Maid Company) says it can't be cle...
Serge S.
Fannie, Freddie Tighten Rules for Condos in Vacation Locales Move
Caught this in the back of page of the WSJ. This will have some real impact on those of us in the vacation rental space. Specifically, due to the pressure from city, state and local associations, the VR model is a...
Account Closed
Finding the bank prior to public REO listing
How does one find the bank prior to an REO public listing?
Depending on how and where you invest, IRA and where your life insurance etc invests, you may be part owner in these REO properties.
I have been trying to e...
Cameron Rieman
An Acquisition Strategy
I have successfully completed my first two flips. I have now secured funding as well as contractors that are ready to scale with me. I'm looking to take on 1-2 deals per month. What are some strategies that would allo...
Terrance Merck
How to attract and secure deal with end buyers?
I recently secured assigment contract for 5 bed room 1.5 bath room sfh. I have sought out various ways to attract end buyers i.e. advertising Craigslist, and Bigger pockets, as well as contacted my short list of pote...
Albert Arguelles
Builder looking for investment partner. How can I lock in a 'finder's fee'?
Hello everyone! Happy Monday!
Got a call this weekend from an old friend that his boss, a custom home builder, is looking to develop land and sell lots. He needs someone to invest $330k to match his investment. I h...
Tyson Scheutze
Navigating Financial Uphill Battles
In this week’s blog, I am turning it over to Cole Thompson. He uses his 25 years of experience to offer insight on the parallels between the market during 2007-2012 and today’s market.
As a seasoned professional in ...
Chris Seveney
Feedback from IMN NPL West Conference
Just got back from the IMN Non Performing Loan conference at Dana Point. Sidenote, if you have never stayed at the Waldorf-Astoria there, OMG, what a hotel....Some of the highlights:1. Commercial loan defaults are sta...
Adam Giles
Complete Demo Experiences? New Deal may require it.
I think like many of you, I like to have a secondary “out” when closing a deal whenever possible. We are in the process of closing a cash deal for a property with a bit of a unique secondary out. Here are the basics o...
Chinmay J.
Tax Liens in Maryland.
A group of investors that I am associated with is considering investing in Maryland Tax Liens. I know the basics of tax lien investments, but wanted to gain some insight in two things:a) What is the qualification ...