James Wachob
I have 17 properties (in Memphis, TN) with notes that I may be open to selling.
Over the years I've run across opportunities to create notes as a creative solution to closing a deal. A few are to owner occupants and others are to OOS investors I work with. I've never had a late payment and it's e...
Alex Jefferson
Question About Placing Home Under Contract
Hey everybody, I hope your having a good start of the new year so far. If not I'm sure it will get better for you.
I have a question in regards to placing a home under contract. Say you place a home under contract b...
Eric James
Strategy: Conditional 25% holdback to seller until I resell?
Do you think this type of approach would work, and is it currently being used in some form? Would there be anything illegal or ethical with it?I’d like to hear if people think the following is a viable strategy for qu...
Miguel M.
How are liens handled after a bankrupcy sale?
I've been looking at Chapter 7 and 11 bankruptcies. In the motion to sell documents it usually states the property is "subject to all liens and encumbrances, if any" and then usually follows a list of the liens in the...
Kaydn Jensen
What skills are considered RARE and VALUABLE in RE Investment?
Hey BP, [Disclaimer to the question I am about to ask is that I understand that at the end of the podcast they ask a similar question, however, the answer(s) I am searching for are slightly different]I have one simple...
Judah Hoover
The return of overlays
The return of OVERLAYS
Not Layovers, those are delays that happen at crowed airports. We aren’t likely to see them anytime soon… sadly.
I am talking about lending overlays. All banks assess risk differently and are...
Erica W.
What's the minimum monthly cash flow you look for
When evaluating a property? I know that's not the only criteria. Thanks!
Andrew Vargas
Questions about the market
Recently I have been looking at rental property in the Spokane area and I am shocked to see some of the prices. The homes I am looking at are extremely cheap compared to those in my area. For example, I am looking at ...
Kyle McCorkel
If you can't beat 'em, join 'em?
So I've been direct mail marketing for about a year now. I've had pretty bad results, but this post isn't necessarily about that.I've come to discover that for nearly all of my "decent" direct mail leads I'm getting ...
Gus Kazek
House selling with long term tenants, but tenants have no lease
I came across a duplex that I am going to put an offer on and the brokers notes are as follows.
No sign. Tenant occupied, some notice needed. There are 2 washers and 2 dryers in basement, only one set stays with the ...