Nazar Trilisky
Private Lending Risks and Mitigation
Are both a Promissory Note as well as a Deed of Trust needed for a small private loan (~10% of single-family house cost)? I've gotten two "yes" and two "no" responses regarding the need for a Deed of Trust. All four...
Tim Marshall
How to take over a property with tenants in place?
Just closed two duplex' yesterday that are fully occupied. I don't know much about the tenants except what the disclosures stated. I want to put all tenants in the best situation to succeed in the property. Two are mo...
Gregory J Galica Sr
Newbie from Chicago, Illinois
Hello all, Newbie from Chicago here. I am currently a regional truck driver. My wife and I are in the middle of getting our Real Estate License in hopes of starting our investing career.
Cheryl Marks
Seller back out of contract
I Recently had a broker contact me to sell my property.I agreed, signed the contract. When reviewing the Hud closing statement, I have a $22,000. Brokers fee. I called the broker and asked why? They said you agreed on...
Tim Hardeman
Need Advice: How to Structure Private Money Deal & Defer Tax
I have 12 houses that are seller financed (lender’s name is Shirley). Total loan balance $1.130 mil.
Shirley bought these houses in 2012 at a discount. I am estimating $500k was the purchase price for all 12.
Cu...
Robert D.
Renting to older tenant
Hey gang. I live In california so I really need to ask as anything goes in this state it seems. I’m currently trying to fill one of my rentals. I believe I have found a one of a kind tenant. Self proclaimed clean frea...
Jordan Johnson
Should i sell this house or not
So my wife and i have always wanted to be in rental real estate so we decided to buy a house since a mortgage was cheaper than pay monthly rents. we decided to buy a property that we felt would make a great rental bas...
Chris Stromdahl
Should I stay away from septic systems?
Looking at a property that has a septic system.Is this something that I want to stay away from?Or, as long as the inspection checks out, is it something that is easily managed and won't cause a lot of headache in the ...
Erik Price
Military Noob headed to the Gulf Coast
Hi everyone, I'm new to BP, ready to make some investments during a my next move. I've been listening to the podcasts and now im looking to the forums to increase my education. Maybe some day soon I'll have some val...
Anthony Wienke
Moral dilema concerning meth lab in apartment complex
Didn't know where else to post this question but figured this would work.So apparently, one of the apartment complexes here had discovered that a meth lab existed in one of the units of the property. U.S. marshals and...