Gary Landon
Rich Dad Poor Dad Question?
In the chapter “The Rich Invent Money”, he gives an example of buying a house for $20,000 and selling it on a note for $60,000. I assume he has a mortgage from a lender for the $20,000. My question is how does the not...
Dan N
Help needed - trying to buy after sheriff sale
So - I found a property that I want to own (not an investment per se).
Turns out that the sheriff sale has already occurred and the people living there have a 12 month redemption period in my state. Property was lis...
Nick Foundas
Investment Property Loan Approval
Happy 2015 BP, I plan to use funds from a Home Equity Line of Credit for an investment property.
I was wondering if I opened a Home Equity Line of Credit on my primary residence and it just sits there unused, would ...
Shera Gregory
Rent deposit for house owned in my SDIRA
I have a checkbook control Roth IRA in which I recently purchased a small single family home for long term rentals. For my non-IRA rentals I have a separate savings account to hold all the rental deposits since yo...
Brett Goldsmith
1st DOT Note Purchase / Foreclosure / IRS tax Liens
Hey BP!I'm in the process of buying a 1st DOT on a property that has fire damage. The property is riddled with multiple liens and has 75,000 in back due property taxes. It also has some government tax liens ( IRS ) in...
Monty Corbett
How to Form an Investor Pool?
Hi All,
I have a few investors looking to invest in a few potential properties. I need to pool their money together but I have a question.
Typically, do you provide a return on the investment while holding the fund...
Christopher Reynolds
Notice to Quit needed, or just Letter?
Hello everyone. We are buying our second property today! We received the rent roll of the property, and one of the tenants is behind on the rent. We also noticed that every time we visited the unit, we found tha...
Spencer Faulkner
New property management company
Hi everyone, I have recently started a property management company in Cincinnati Ohio. When we first started, I had acquired a 24 unit acquisition. We're doing everything; offering 24/7 on site maintenance, apartment...
Craig M.
Taking away a parking stall
Aloha everyone,I recently took over management of a 10 unit apartment building in Hawaii for a family member. I am not a realtor or a PM so forgive my ignorance. The building has a very limited amount of parking sta...
Account Closed
Courthouse leads in CA
Heading to the local courthouse to see what type of leads I can come across. Probates, Divorce, tax delinquent list etc. Trying to mix this in along with my direct mail campaign. Any advice on getting leads at the cou...