David Hite
Buying Notes in Bankruptcy
Good morning everyone! I am reviewing a tape, and there are a handful of "performing" notes that are in active BK. the tape doesn't state if its a chapter 7, 13 or how far into the process they are. Over the last 6...
Tim Schroeder
34% COC return & 12% CAP - Too good to be true?
This Gatlinburg/Pigeon Forge STR looks too good to believe. Am I missing something? Is my math wrong? Or is this an awesome deal? Here are the rough numbers:The property is a 4BR cabin at the edge of the Great Smoky...
Rachel Miller
Tenant Early Terminated Lease Without Permisson
Hello, I have a tenant that wants to terminate his lease earlier. He sent me a 31 days notice already to see if I accept his early termination lease without paying penalties and he said if we didn't accept he would st...
Minh Nguyen
Mortgage Broker Red Flags
I spoke to my very first mortgage broker today (referred by a friend) and as soon as we got on the phone I was immediately bombarded with questions about my situation while any question I had about our relationship wa...
Jose Diaz
Do it yourself Title Searches
Hello everyone. I was wondering how possible it is for an individual to do a title search on a property as good as a title company can. If not, what specifically allows a title company to have a more in depth search t...
Daniel Miller
security-deposit awkwardness
I know that folks on this forum always recommend (rather strongly) requiring a security deposit along with applications for a rental property. (This is the deposit for the application, *not* the deposit for actually ...
Jimmy Lieu
Help getting a pre-approval with a 1099 job?
Hello BP community,I recently just road-tripped from Portland, Oregon to Columbus, Ohio to start building my real estate portfolio here. However, I've just come across a huge hurdle. I received my job letter and it's ...
Robert Joiner
Real Estate Rookie in Dallas
Greetings all, I'm Rob in Dallas, I'm a Mortgage Banking and Operation Professional. I also have my degree in Marketing. I'm working to establish myself as a Wholesaler. I'm excited about the possibilities this site ...
Chris Politylo
STR Financing - Business Plan
Has anyone put together a killer business plan and presented it to a lender for a potential purchase of a home for the purpose of STR and been approved?What was included in the plan?
Alice Ward
What is your take on undocumented folks as investors?
I speak six languages, Portuguese being one I am very fluent. I get approached by undocumented Brazilians all the time trying to find a way to invest. What’s your take on it? Is it possible? Are they simply processed ...