Will M.
Agent claims she can generate certain CAP rate but short on specifics...until
Hello,I'm looking to get into my first investment and have started working with an agent that was recommended by a friend (non-investor.)This agent claims she has helped investors purchase properties here in Las Vegas...
Larry Murray
Received a response/threat from one of my mailers
I am a new wholesaler in Texas and sent out my first direct mail campaign last week. Today I received a phone call from an angry lady in California who received one of my letters and said that I am defrauding people ...
Shannon Smith
Quit claim deed to LLC
We are buying with a second home mortgage. We intend to use the home personally when we can but primarily for STR. Our plan was to quit claim deed the house from the bank to an LLC after closing but we know there’s a ...
Chris Krivanek
Total FUBAR title situation. Need big help.
Ok, so my girlfriend's dad just passed in Kansas City. He owned a home jointly with his 86 year old mother (or so we thought). First of all, he had no will. Overall he didn't have much anyway, so not too big o...
Jon Pitcher
My Experience with a Pro Eviction in Oklahoma City
That should read "Pro Se" Eviction - as in, I am representing myself. Apparently I can't edit the title.I am about to file my first eviction lawsuit after 10 years of owning and managing rental properties in Oklahoma...
Bob Malecki
Former tenant from WA property demanding full refund of deposit
I have a duplex in WA state where the tenant moved out at the end of their lease on 4/30 per the terms of their lease. They had a security deposit and pet deposit amounting to $1,100. WA statute RCW 59.18.280 requires...
Carolyn Morales
Can I ask the bank if i can buy my own note?
Can I buy my own mortgage note from the bank for pennies on the dollar? it can not hurt to ask, right?
Shafi Noss
Tax Questions: What are the Tax Benefits for Passive Investors?
Hi everyone, I've been trying to puzzle through the tax situation for passive investors and thought I'd ask you all for help.
It seems like the main incentives are depreciation and capital gains. An LP using depreci...
Susan Carman
Does REO Properties = No Liens on the Property?
Hello BP Peeps,Can someone please clarify, if REO Properties mean the bank has removed all Liens and/or money due on the property?Or does it simply mean the property did not sell at auction and the bank still owns th...
Ray Hayward
Buying a Mortgage Note and how to leverage it
Hello, I am looking into buying a Mortgage Note and have a verbal agreement with the bank. The property has been abandoned and unpaid for almost 10 years. I was hoping to buy the Note to be able to do an environment...