Kyle D.
Question on a 20 unit deal
Hey guys,I have a unique opportunity to purchase a 20 unit for $350k all brick buildings from a bankruptcy. I have the rent roll attached but I am VERY concerned about the "Current Balance" from the property manageme...
Victor N.
Buying Short Sale Issues
Trying to purchase a short sale for the first time. This is a single family house that I'm hoping to live in. Current owner is an investor and was trying to flip the house but "ran out of money". The property is in fo...
Bob Malecki
Thoughts on renting property back to former borrower
We have a SFR in Michigan that was taken back at the FC sale last December and the redemption period expires on June 6th. The borrower may still be in the property and one strategy we considered is to approach the bor...
Gabriel Suppes
Buy the note and sell back to the homeowner?
Has anyone seen the following program?
The homeowner is owes 300k to on a first mortgage and they are behind on payments and the current FMV is 150K.
A company offers to come in and purchase the note from the lender...
Luke H.
Rental:No pets, No animals, Pet deposit, Pet rent, Service animal
Hi all,I did a search on this forum before posting and the latest topic is from last year. Seeing as the law changes fast I thought I would post these questions. I also checked the Texas landlord tenant laws handbook ...
Wesley Jensen
Tenant Potentially Hiding Dog
Hey all,
I live and have a few apartments in Connecticut and I have a situation with one of my units. The lease has 4 people on it, a couple and two of their friends. I got a text from the couple a month ago saying t...
Steven Libman
Investing with Purpose: Making a Positive Impact
What makes commercial real estate a better investment than the stock market
Investing in the stock market can be a great way to build wealth over time, but it also comes with risk. Losing money in the stock market ...
Hark Tukay
Ghosted by PM in Memphis
I have a turnkey property in Memphis and the management company, which is large, does not respond to emails, phone calls or voicemail. It was so bad that I decided to change management companies. In the meantime, they...
Brent Tice
LLC and structuring business
Went to a Fortune Builders 3 day weekend seminar recently. They talked about how to structure your business to maximize tax benefits and liability. I currently live in Wisconsin with 12 units myself and 2 units in a...
Michael Morrongiello
Going to imminent TRUSTEE SALE (CA)
Situation: Owner Occupied SFH - Home is in FORECLOSURE - NOD filed months ago, NTS -Notice of Trustee sale filed a few months ago as well.; The property is scheduled to go to sale in a few days (thus its within 5 days...