Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Anybody here have any success stories retrieving money owed from previous tenants? One of my ex tenants left the house a mess, owes me a couple months of rent and a fee for breaking the lease early. We set up a repa...
Anyone have any hands on experience as guests/clients or your own vacation rental investments?I'm anxious to hear from folks who've had personal hands on experience with both. We will be expanding our vacation propert...
Ok so this is something that honestly just completely blows my mind and I’m curious if I am the only one that is completely nuts or do others agree with me?
I continue to see more and more investors, either doing pr...
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
First off, I’m a true believer in the saying “If you have a dream in life, you should seek and follow the path to obtain it!” In late 2006 we saw the real estate bubble come into play and wreak havoc on the housing in...
I have a newbie question.What differences are there in analyzing a lease option property versus combining buy and hold analysis with a flip analysis?I want to have LO as an exit strategy along with Flip and Hold.I kno...
There's so much in this business that I just don't understand. On a fairly regular basis I will get a call from someone who needs to rent or they want to buy with owner-financing. And they have no money for the d...
Today, I read only two blog posts on BP, and BOTH were about the same subject. Getting Started in RE investing, essentially. I believe there are very real, and many imagined impediments to would-be, aspiring Real Est...