David Hite
Buying Notes in Bankruptcy
Good morning everyone! I am reviewing a tape, and there are a handful of "performing" notes that are in active BK. the tape doesn't state if its a chapter 7, 13 or how far into the process they are. Over the last 6...
Ashley Ernst
Red Flag Tenant?
Here's the scenario: In escrow on property, seller provides rent roll and tenant is 10 days late on first months' rent. Note, lease was signed right before listing property, so this is first time rent has become due....
Shawn Gardner
In need of help!
Good morning BP!! I really want to get started in the biz but I'm having one issue. I have my HML set up but I don't have an exit strategy. I went through a divorce and my credit took a substantial hit, so convention...
Matthew Jones
CPA Recommendation in Charlotte, NC
Hi all!I am looking for a Business minded CPA with Real Estate experience in Charlotte, NC. I am looking for some guidance on Tax Strategy and Business Structuring.I would really like it if they were in North Charlott...
Walid A.
Buying in new community under building
There are big builders company who starts big projects in Florida e.g. LG homes, Lennar .. etcI’m just wondering whether buying one of these properties as a rental property would be a good investment.The downside is n...
Ryan K.
Equifax hacked, 2/5 of Americans breached
EQUIFAX SUFFERS MASSIVE SECURITY BREACH Equifax, one of three nationwide credit-reporting companies that track and rates the financial history of U.S. consumers, says a giant cybersecurity breach compromised the pers...
Beau Ordemann
Looking for Property Manager in Baltimore
Hi BP forum. One of our property managers that manages 13 single family properties for us is pivoting to multifamily, so we are looking for a replacement. One thing we really liked about this PM was that they did 2...
Rousner E.
Cash for keys instead of eviction
Long story, I got a tenant who I found out how had moved her boyfriend into the house and he was smoking weed in the house. State of TN requires a 3 day notice to the tenants that the lease will end due to illegal act...
Randall E Collins
Ghosting from buyers.
I have spent hours, and days, in search of distressed property and locating a buyer thereafter. Once I have completed my part, I then present the property to a potential buyer who said he/she is interested. The very a...
Grant Anderson
Rental Applications
Hello all, I have a few rental properties that I manage myself. I have been hearing from some people that I should set up some criteria to base my decisions on. The criteria I have come up with is income must be three...