Marcus Kennedy
First Call from probate mailings! Help!
So I just received a call from a lady who has received one of my probate letters. She left a voicemail and I called her back when I was avaialble. She said she was not the executor but the daughter of the deceased and...
Sean W
Doing first short sale...Plz. Help
New investor planning on doing very first short sale transaction.
I'm going to meet the homeowner this week, and would like to get all of the necessary forms signed.
The problem is that I don't have the forms yet....
Cameron Riley
Buying homes at tax sale or sheriff sale?
What is the largest amount of tax you have seen owed on a property at these sales? - When you purchase, do you just CURE the outstanding lien and it becomes your property?
Brandon Eleazer
Direct mail marketing decisions
Hello BP,
Among other criteria, I am targeting homeowners with >50% equity in the Philadelphia area. Should I be mailing yellow postcards to owner occupied or non-owner occupied properties?
I noticed...
Eric Pierpont
The 15-day rent payment grace period in Maine
I told my tenants they would not be charged a 4% late fee until 15 days from the time payment is due. The 15-day grace period is state law which I will abide by. So now tenants do not pay me until the 13th or 14th of ...
Account Closed
An Unbiased Opinion For Newbies
As a beginner investor I was overwhelmed by all the help that was offered to me. However it eventually became apparent to me that most of the people I had been talking to were actually turnkey providers trying to sel...
Anita Parsa
Why do sellers sell good rental properties?
I'm looking at a multi family unit which would be a turnkey rental opportunity for me. I'm a total newbie so I've run the numbers two dozen times with conservative assumptions on everything (high vacancy, high repair...
Richard Yerger
Getting out of bad debt
Today I read a great book. Some may know it "The Richest Man in Babylon." I am a store manager for a pizza place. I make a little more then 50k a year and I am always broke. So today I figured out my low and high of m...
Jeff Nobert
Flip Partnership w/Contractor & Agent?
Just recently I began my investing career and started off with 6 doors. I was able to purchase a 5 unit through a land contract when I only thought I would be able to get a duplex. Then I purchased an SFR in the same ...
James Amon
Wishful Thinking or Possible? HML question.
Hi BP, I just have a question regarding using hard money lending.So I’m hoping I could utilize HML for BRRRR, but my situation is that my wife and I don’t have a huge cash on hand but we do have access to credit card ...