I did a gap loan to a wholesaler who has a few projects going on.  This is my first time investing. I received a promissory note/ operating agreement. He promises to pay principal and interest at a yearly rate of 12 %...

Is this strange?
The PM does not have employees, they only have/use independent contractors. So

A) there are no employees so none could be my responsibility? or
B) responsibility could be mine if the independen...

what does that term " hard money " mean?

Nightowl :oops:

This was an interesting one. The heat at one of my units has been wonky -- its steam radiator heat with the old-school upright radiators, and some were giving off great heat and some were not. This particular unit has...

I have a good friend who is a fairly new real estate agent. Her broker recently had his license revoked. This just recently happened, and I can't provide details at this time. My friend's listings are still unde...

Hi everyone. I'm a newbie investor and have some questions. This week I just purchased my first rental property (a SFH). Closing date is scheduled for 9/26/12. I'm unsure as to when I can begin marketing this prop...

I’m a rookie real estate investor focused in Indianapolis, IN. My full time job is playing professional basketball overseas and I’ve only been into flipping houses for the last year. I find it kind of hard to find qua...

I just received about 5 non performing notes for sale - they are in the higher $ range. The seller wants the buyer to provide a proof of funds before they are even allowed to get info on the note to complete their du...

good afternoon, I'll get right to the point. I've been looking all over the threads and wholesale forum looking for some advice on alocateing my funds on marketing.

$2000.00 Marketing budget. I know there are tons of...