Account Closed
Am I giving away too much on this spec deal?
Thank you to everyone for your comments on my last spec deal post, especially @J Scott and @Will Barnard.I’ve worked through the opportunity further, met with local real estate agents and other developers to get thei...
Derek Mitchell
Deal Review in ABQ
Hey Guys. I've got a deal I would like some input in. I've got the opportunity to purchase a SFR subject to.
The current loan on the property in about 135k and it is valued at 150k. The payments ...
Daniel Lin
One way to cashflow rentals - not paying property taxes
Here is a case study on investing out of state for us California investors and being a landlord of section 8 housing in lower end markets.
Anyone attending the tax sales in August?
Million dollar tax bill owed in ...
Paul Azad
Preferred Equity passive investing - multi-family. Is the Juice worth the Squeeze?
Seeing many new opportunities for us passive investor types, including "Preferred Equity funds". For example only, Wellings Capital raising 5 mil for a one property specific syndication of a purchase and value add to ...
Martin Guerrero
Potential Tenant has an eviction started but was dismissed
Hello fellow Landlords, I am in the process of screening a potential tenant and it appears they may have had some trouble early 2022 where they might have missed rent payments and it looks like eviction process was st...
Tou V.
20 unit Apartment complex - $700k, good deal or not?
Looking at this decent 20 unit apartment complex. Below are the current break down of income and expenses. PM fees are also included in Total expenses. Sales price is $700k. Loan would be 25% down at 4.5% fixed fo...
Lee V
PRINCIPLE REDUCTION
Please share any successful principle reduction situation you experienced. Is this really possible? Bringing down loan balance to current market value?
Jesse Smith
Title Issues on Purchase - Advice Needed
I'm in the process of trying to purchase an off-market deal in my neighborhood. I already own one of these, and it's a tremendous cash flow property. During the title search, the following issue came up:Property is ...
Cliff Rosa
BP memeber help, Crappy tennants, what grounds can I sue them for
Long story short; I rented out my home to a couple and their mom that started on Nov 1 2010. I used the model lease agreement provided by BP which covered everything. I received rent for Nov and December. I did not re...
Wilson Lee
I won the eviction case. But the Tennat can pay. Options?
*Tenant Spellcheck is a blessingI have a 4 unit building full of tenants I inherited. One Tenant is in her late 50s and often pays 15 day late. But all ways paid. This September she slipped up and failed to pay. ...