Mike Cowper
Private Investor Interested in Loan with 7.5% Interest, no lien. How to structure paperwork?
Kind of what the title says - I have a private investor who is interested in issuing a loan for 12 months with a simple interest rate of 7.5%. How would I structure the paperwork so it is legal and binding? The invest...
Zalman Fellig
In House Agent for Investment company in Miami
Our company is looking to bring in an exclusive agent onto our property investment team. This individual would be responsible for listing our resale properties, executing contracts on potential purchases and maintain ...
Susan Michael
FL Commercial Property Manager Negligence?
Surely there will be some "told you so" comments, however: family partnership owns commercial property in Florida and uses a property manager. Property manager (a small real estate company) resides in Florida only par...
Lathea Morris
Purchasing Note Investor Leads
I am considering purchasing leads from NoteDocs.com. This company is owned by Meridan Data LLC. It appears Meridian produces the leads. Before I purchase the leads I will send the company an email with several questio...
Michael Evans
Whoesale Fee on an $875K Property
I am working with a wholesale company who was able to enter into a purchase agreement for a property in Sierra Madre, CA for $875K without actually giving an earnest money check (seller is asking for 3% in earnest mon...
Anna Sam
Talking to property management companies. do they get to keep late fees?
Hi I am talking to property management companies to manage a property I own in central florida. One of them had a clause in their agreement that they get to keep the late fees. I thought that was pretty weird since th...
Stephen Bruce
Tenants without a Lease?!?!
Good morning! Here's the situation:I'm under contract on a quadplex. Current owner/landlord is terrible at his job. He says he does not have a lease signed for 3 out of 4 units. It is "word of mouth." He claims they a...
Jason Schatz
Schedule E vs. Schedule C - Rental Business
Happy New Year All -So one of my goals for 2019 is to get my book keeping much more organized, and while doing that I have a question I thought I would throw out to those more experienced than I. 5 years ago I left my...
Joseph Medina
The 4-Horseman: Affordability (Possible Solution)
Hello All,
So, in the 4-horsemen discussion I discuss that if left unchecked, then the affordability crisis will be part of the reason, out of 4, for the collapse of the US economy if not the world economy. Now, wha...
Luka Milicevic
What to do when HOA is not doing their job?
Hey BP. I had a friend post this on the facepage. (Facebook). They are renting the home and the landlord has called and complained to the HOA multiple times about the trash not being picked up. Trash pick up is part o...