Any advice? Should I sell?I have 5 properties. One looses $458 per month, which might go down to $383 per month if rent can increase to what property manager says is possible now. That monthly loss is preventing me fr...
Hi Everybody,I currently have a house in Los Angeles, I owe 250K right now. My house appraises around 400K. I am not happy in this community since the school districts are really bad and i had a few brake ins.I have a...
What are the risks of using leverage in real estate investing? Are there any advantages to it as a borrower/lender?
Okay, wow... Where do I even start. Originally BP started as a place to help me expand my knowledge and further my career in REI. Now, I am reaching out for help regarding my OWN home. In 2012 - I bought my house for...
HiIf I buy a foreclosure from the second position for say $200,000, subject to first mortgage of lets say $300,000, and then the first position forecloses - my understanding is it forecloses the original owner, and no...
Good day, All! New to this whole note buying business and I have run across an interesting scenario that I'm hoping you all can help me out with. I just bought a non-performing 2nd note on a home where the 1st note is...
Hello, I recently paid the taxes on a home. The property was a tax lien. The owner of the home is deceased. I haven’t heard anything about anyone wanting to pay the taxes so I’ve started fixing up the property. Recent...
Hey I have a seller that needs to get rid of this house because she is paying two mortgages its worth $160k and she owes $125k she is willing to do $130k and doesn't want to do a lease option. The rents in the area is...
I have a good number of commercial properties and fortunately a lot of my tenants are essential. I just sent out my May statements and a few tenants responded that they are non essential so they will not be able to pa...
Total Newbie Question ...Is "this" Selling Real Estate without a License? .... An investor giving a borrower (in pre-foreclosure) advice and strategies to sell his/her house .... and then splitting the profits with th...