Kalen Mills
right of redemption???
I am under contract on a property that was a foreclosure. I'm trying to find a way to protect myself from the right of redemption being exercised, as well as be able to sell before the 2 yr right of redemption period ...
Owen Dashner
Which is the worst REO lender to deal with?
My vote goes to Deutsche Bank. It was almost comical how badly they mishandled the last REO I bought- from beginning to end...
Sherry O.
Multifamily in NE Minneapolis Minnesota
I am analyzing a potential deal in a B neighborhood. It is a 30-year old four-plex with the asking price of $415,000, NOI of $29,000, putting the property at 6.99% cap rate, cash on cash return is around 10%. There is...
Patricia Miller
Opinions for determined newbies in Denver area soon to retire
So, assuming this is a question for the "Fire Round" on the BP podcasts - is anyone willing to offer an opinion about or strategy for the following idea? Condos or apartments? Townhouses or SFRs? etc., etc.Goal: devel...
J. Martin
Periodic inspections of units for maint/damage - How often?
How often are you performing inspections of your units to ensure nothing is damaged, no leaks, etc.. Any formal schedule? Or just here and there when you are already there? I don't have a formal inspection policy or p...
Purnell C.
Alameda County Auction VS Norwalk
I purchased a property at the steps of the Norwalk court house in the past and the process was seamless. I showed up, waited for the bid, no one bid against me, I paid in full. I went to the recorders office and tha...
Don Konipol
Why Most Partnerships Don’t Work, and the Few that Do
Most partnerships DON’T work because the partners go into the partnership for the WRONG reasons. Partnering between two people both with no or limited experience; both with no or limited capital, or because they’re “...
David Katz
When to Throw in the Towel?
I purchased 2 turnkey properties through Memphis Invest (now REI Nation) in 2019. Everything was going well with both until about a year ago. For one home, the tenant went bankrupt in mid-2020 and stopped paying ren...
Tim Burns
Distressed Multi-Fam Investing
Hey guys,
I'm obviously new here but I have a few questions. Any advice/guidance would be appreciated (even if it's simply "go read this site").
I'll go from easy to hard:
- Am I correct in assuming that I would fin...
Dawn Heimann
Series LLC or Just LLC's? / Local CPA who invests in RE?
Hi, we currently live in Georgetown, TX which is just north of Austin. We are going to be purchasing our first home in Indiana this April. We want to start it out right. For the first quite a few homes, I see us just ...