Thai Nguyen
Earnest money deposits
So I am selling an investment property in Sacramento and after about 3 weeks, the buyer fell though. We had another back up offer so we decided to send the original buyer a cancellation stating we are going to keep t...
Kurtis Montgomery
Section 8 BRRRR Strategy question
I am close to closing on a partner deal with a Section 8 house that needs just as much rehab as the purchase price. The house is just over 1,000 square feet, 3 bed 1 bath sitting on a double lot. My partner is financi...
Jeff Rabinowitz
Jordan Capital Finance. References?
I have a finance proposal from Jordan Capital Finance. I have never done business with them. Do you have any experience with them that you can share?
Tony Nguyen
How Often Do You Follow Up With Direct Mail?
Hey guys,
For those who have a geographical area they mail to in order to get leads to buy/flip + buy/hold, how often, if at all, do you follow up with them?
I have a list of 700 people i just completed mailing to. ...
Account Closed
Commingling Question - Urgent!
Hey BP members! I have a question about a current situation I am in. So heres the breakdown:EMD amount of $1,000 - selling agent was provided with wiring instruction (account and routing for escrow account)Buyer use...
Garrett Knecht
Tenant has moved out without paying rent.
I have a tenant in Connecticut on a month-to-month lease who notified me a week ago (around mid-March) that she is moving out. She hasn't paid rent for March and the month-to-month lease requires a 30 day notification...
Malcolm Ovenden
Has anyone dealt with Prem Singh & Sons, Inc.
I've been approached by Prem Singh of Prem Singh & Sons, Inc. of NY about funding my flips. He is offering 100% financing at 6%, but the catch is that I have to pay a loan origination fee up front before I can get...
Jessica Young
Vacated tenants demanding access to get their own repair estimate on damaged item
We are receiving threats and demands from tenants who recently vacated.Our tenants, who you know were a total nightmare if you're following my other posts, finally embraced the happy clause and are out half way throug...
James Danchus
Ballin' On a Budget: Volume vs Repetition in DMM
BP,Direct mail marketing is about consistently consistent on a consistent basis. That's what everyone says, right? My question is, at what pace?So let's say I have $500 to invest in marketing a month, not counting the...
Jeff Ju
Request for a payoff and reconveyance
Hi all - I did a search here but couldn't find a consistent answer. Hoping for one here. Situation: This is my first time lending money. It is a first position note for 12 months to a borrower who paid 6 months of int...