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Just starting so to me the "wholesaler" thing is a mystery. I understand the basics of the concept but what I am missing is why the wholesalers are not retailing the homes. Can someone enlighten me?
Also if I...
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I had a tenant move out 3 months ago. He never left an address for me to send him his security deposit and he just sent me an e-mail saying he wanted his deposit back. We forfeited it 60 days after he moved out as we ...
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I posted this in the "off topic" section and got no replies:This is a situation that is not typically seen on BP. I am a partner in a small business. We have three locations currently and we rent all three spaces. W...
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Hey guys,So I've recently been pulling probate files at the county court houses. I've pulled about 200 leads and have began a mailing campaign. I send out a personalized letter to the Personal Representative, and have...
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Hey Gang
Does anyone have an opinion about Josh Cantwells Middle Man Income system?
It appears to be a strategy where the investor approaches an upside down home owner,gets an option on the property and flips the opti...
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Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
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Here is a story of a real life issue I am currently working on. Not all landlord/investing things go right.Setting: New Britain, Connecticut. A small city full of rentals mainly made for manufacturing plant workers...
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As many of you are well aware, I am no fan of RTO or LTO as I believe there are serious legal issues at both state and federal levels involving the concept of both of these being a form of a disguised credit transacti...
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Has anyone bought performing notes from JW Warr's American Note Warehouse web site? Please share your opinions.
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Hello BP community, Really need some help and ideas on dealing with this situation. I know I probably shouldn't have done this deal, but I have lent on 2nd liens successfully before. This one however, gone pretty bad...