Pete Storseth
Buying nonperforming note
If you buy a house from the 1st lien holder, do you inherit the person on the lien?There's a house I may be able to buy from a lender with an interest only loan. The buyer is way behind on payments and cant catch up. ...
Drew Lamb
The Downturn? Or is it?
There seems to be two schools of thought circulating. One in which people are saying everything will return to normal once the Coronavirus pandemic ends and one in which they say this is just the start of a major down...
Jessica C.
First time Property Deal? Loan HELP!
So I have been trying to get into real estate investing and have decided to take the dive, I have researched and read various books however its one thing to read something and another to have experience. Thats why ...
Johnny Alvarez
Inheriting Tenant on first purchase
Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...
Aquila Leon-Soon
New Member from Northern New Jersey
Hi, My name is Aquila and I am a new member. I reside in Northern NJ. Though I have owned (and sold) an investment property before, I am in process of restarting my portfolio with properties in Brooklyn, NY and Northe...
Arthur C.
Urgent - LLC to be taxed as a S Corp
Hello BP Community,I have an important tax related question that I need someone to help answer. I have created my LLC back in July 2018 and started my first flip in August 2018. I actually had 2 months and 15 days to ...
Daniel Hankins
Rent to Equity Share Idea
I am always thinking of ways I can run my rental business that is unique and deeply impactful for my tenants. I have a handful of ideas that I am interested in researching, but right now I am focused on creating a sys...
Nate S.
2nd attempt at wholesaling
I'm not a stranger to wholesaling, it's just flipping contracts or what real estate agents do just w/o the agency involved. My first attempt was after high school. Problem was I could never get a deal finding...
Brandon M.
Another reason you should have a property manager
backstory: bought a house in Charlotte, NC with 100% financing back in 2006, lived in it for 3+ years, became rental after that. No equity so can't sell. Property became vacant a few months ago, I now live in Clearwat...
Felecia Sewell
I will not give up!
Hi, as I was looking back at my first introduction on BP it was in Jan 2014. It is now October 2014 and I have not gotten a deal done to date. I am currently marketing to probates. I have also marketed to absentee own...