I am a new potential investor looking to go the route of private investors or hard money lenders. I have done the due diligence and researched everything from schools, job market, is it a solid first time homebuyers ...
Hi BP Community - I would greatly appreciate feedback on the following loan terms from a local bank. It's an 8 unit apartment building. I don't see anything that stands out except for the personal guarantee. I would...
I am purchasing a property for $900,000 from a relative. The issue is the court has appraised the property for $1.175m as is. (Worth $1.4M after rehab).The relative/seller only wants $900k and I could buy for the 1....
Hey guys,I'd like to hear your advice about a new home defect dispute with the builder. It's a investment property located in North Carolina, which was closed for 3 months now. Two weeks ago, a Friday evening, there w...
We own one rental house we have been renting out for 2 years in IL. Our current renter breached her contract numerous times with late payments and having her boyfriend move in with her. We have not charged her late ...
Hi everyone!I live in the DC Metro (Maryland, DC, VA) area and need an attorney referral to draft forms (letter or intent, purchase contract, subject to contract, lease purchase, etc) or if someone could tell me where...
Hi - I currently have an out of state rental (Florida) and currently have a 1 yr lease agreement with a tenant - 5 acre property - with a house and couple barns. I found out a couple days ago he is renting out his fi...
If you are out of area (2-3hrs drive) landlord you have two choices:1. Hire a management company (a whole set of problems)2. Manage it yourself.The problems with #2 are numerous like showing the property to the prospe...
Hi, I am in the process of starting my first deal for a storage unit facility. I have been researching and analyzing deals for about 2 years now, and I am ready to move forward. I would like to get some insight on wha...
Can anybody give me some critiques on this wholesale direct mail marketing letter? Any major pieces I am missing?I am planning on sending this one to absentee owners and then maybe a different one to a divorce list. P...