Julian Buick
Why would someone sell a "perfectly good" seasoned performing note for 60-65 cents on the dollar?
I posed this question on a recent forum post and got this response:To address your question we have to pause on the idea that you implied of "perfectly good". Is perfectly good the simple notion of payment history? ...
Tony Tomasek
Official BiggerPockets Discussion of House Bill (HR) 1728
I just came across this in an newsletter I get. It centers around a law that has already passed the US Congress and is about to be voted on by the senate--- HR1728. It will most likely KILL the owner financing option ...
Michael Glaser
SBA EIDL Loan Terms | Is It Worth It For $25K+?
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
Tim Greenfield
Using 50% rule on TK properties_barely cash flow
I am a newbie but I have 1 rental property in Albuquerque which only breaks even. I currently live in Arizona and I travel a lot overseas for work so I am looking at TK providers. My primary residence is paid for in f...
Wendell De Guzman
Newbie Wholesalers - don't be THIS Guy
During my closing today - I wholesaled a house in Zion, Illinois and made $5,309.84 - my real estate attorney approached me and introduced me to a real estate agent - let's call her Pam. I can see a sense of skeptici...
Brandon Connell
Cash buyers are not serious
I have a property in Illinois under contract with some good meat on the bones, and only a couple of cash buyers (or so they say). So far, they are dodgy. I read that the hardest part of wholesaling is getting the cont...
Edward Smith
Zillow sued over 'Zestimate' by Glenview homeowner
Thought this was a good read from CRAIN'S A Glenview lawyer sued Zillow, alleging that the real estate site's relatively modest estimate of her home's value has created a "roadblock" to selling at what she thinks it's...
Chris Bingham
What systems and processes do you have in place as a landlord?
Here are some of my current systemsI have a main website for all the properties I manage. I set up a new website for each property with pictures and info on the property. These sites are referenced in each ad that I p...
Jesse Smith
Tenant Abandoned Unit - What Type of Lawsuit for Unpaid Rent?
This is in Missouri. One of my tenants stopped paying rent in October. He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit. His lease run...
Account Closed
Well THAT Escalated Fast! - Zillow Fires 25% of employees
When you run the numbers like this guy did, you can see why Zillow has gone down in flames. https://sellhousecashaz.com/zi... "“In Phoenix, 36.5% of properties currently for sale were listed below their purchase price...