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I have searched the forums and google but am not able to find good information on buying non-performing notes with the intention of foreclosing on them. Has anyone on this site done it or do you know someone who does...
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Well, they got caught, Barclay, the Bank of England manipulating the interest rate of the London Inner Bank Offer Rate (LIBOR). This is the rate charged for borrowing between banks internationally.
If you have an adj...
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Sorry about the long post. I think it is pretty cool though. I had an amazing portfolio going for almost 17 years and got hurt very deeply in the world-wide crash a few years back. It took a deep toll on me. I went...
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I received a nice looking Fedex envelop this morning from a TX law firm called holttollett. They said I didn't pay my HOA fee and had become a defendant. As a result, my $290 HOA which was due Jan 2023has turned in to...
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How passive can someone invest/own larger apartments? Say someone makes enough in their primary business to invest in larger apartments (40-200 units) and decides to hire a good 3rd party manager. How passive of an in...
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I am in the process of refinancing one of my rental properties and need an appraiser to enter. The tenants do not want the appraiser to enter due to COVID-19 concerns. There is a multi-generational family living in th...
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I am debating if I should change my primary bank but I am still unsure.
Currently, I bank with US Bank. They have a good online system, you can see scanned copies of the front & back for checks and the front &am...
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Recently a few business partners and I invested in a 16 unit apartment complex in Phoenix, Arizona. We were given rent roll for 4 months prior to purchase that showed 15/16 units filled with paying tenants. The P&...
I'm examining the strategy of buying non-performing notes in my area from lending institutions and wanted to know if anyone had experience with this? Specifically, who to speak with at the bank? How to get banks ...
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I'm looking into lending a condo owner about 22k at about 10%. The note would be backed up by his condo, which I haven't been able to see the inside of because it is currently in litigation. The person living in it bo...