So one of my deals I’m working on took me a while to get in contact with the owner but after following up we spoke and agreed on a price. i emailed him the contract and he said he didn’t like the dollar amount for the...
This is a very odd post. A "friend" of mine purchased a property with a 5% residential loan. The buyers broker told him that there were tenants in the property but would be out within two weeks after closing. The buye...
I live in IL, am single, have several rental properties, have landlord insurance and umbrella policy. I do all the work myself (repairs, upkeep, accounting, screening, approving of tenants etc). The following idea I ...
The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
I have a 2/2/2 under contract in Deltona Florida. The property was inherited by 3 grandkids who have owned it for a little over a year. The monthly bills were a problem for them as they did not have the money to keep ...
Hello everyone! What a great find this site is!
I'm 6 years new to the west coast, originally an east coast girl (NY, FL, PA, MD). I was a Realtor in FL about 10 years ago but only got involved to start investing. S...
I just posted to another thread in this forum where someone was asking how to make a loan. Details seemed odd to me and decided to bring this area of lending or borrowing up for some discussion.THE REAL SECRETS IN LEN...
Hey Everyone, I have a pretty general question about LLC's. I've read several articles weighing the pro's and con's but I'd love to see BP members thoughts on these questions. I've been advised to open an LLC for each...
Hello all, I put together a spread sheet to analyze a potential home. The home is built in 1997, 75k list price but I have the negotiated 70k with 5k to fix (carpet, paint and general clean up) Rent goes...