Hello,I will try and keep this as short, but detailed as possible. My experience with RE is at best limited to the BP podcasts and a little reading material, as I have only decided a few months back, that I would like...
Hello BP,Just closed on a two year flip of a multifamily deal in Riverside CA. I don't usually like to publicize my deals but BP has been a nice resource and I thought I would contribute with my experience and answer...
Learning more and more about Pre Foreclosures and Notice of Defaults, but one nuanced question. Whether paying cash or taking the property subject-to, the overdue lien that is causing the foreclosure in the first plac...
I am new to RE discussions nad the BP community. I just noticed people here are VERY open to helping and giving advice/guidance. For some reason... I feel these are red flags, but maybe am wrong. I come from the onli...
First, I'm confused as to what exactly caused the housing bubble of 2007. It sounds like people were unable to pay their mortgages, thus resulting in foreclosure, but why were they suddenly unable to pay in the first ...
Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...
I'm new here and really like this site. All this talk about property managers makes me wonder. How many of you used property managers? I've heard their rates are usually 5-10%. I handle one SFR right now, but am l...
I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
The following examples of mortgage and real estate fraud investigations are written from public record documents on file in the court records in the judicial district in which the cases were prosecuted.
Defen...
TENANTS FROM HELL #1Deplorable living conditions.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen ...