Leather Nix
Dodd Frank/Owner financing
I see owner-finance deals everywhere. Do people just not know/care about Dodd Frank? Am I missing some great loophole that's allowing people to act as a lender?Disclaimer: I didn't even know Dodd Frank was a thing unt...
James Harris
Direct mail marketing
Hi BPI was wondering is it common practice to use a PO box and a "virtual" phone number (such as Grasshopper) for the privacy of my personal address and phone number. I don't mind paying for these services, just wond...
Joe Detlefsen
Release of liability
Hello All! I'm working with a buddy who buys raw land and builds new construction homes on them. A question popped up today and I wanted to come to you guys about it. I tried looking for a form on BiggerPockets which ...
Brian Mitchell
Notice to Quit based on the Smell of Smoking?
Hello BP,I have a tenant that swears she’s not smoking Pot in her unit. But, the last two times I’ve been in she’s said it’s a bag of marijuana I smell coupled with a few other marijuana non-smoking products. Maine ...
Logan Pettigrew
How to Refi my BRRRR
I am Almost done with my first BRRRR.....I BOUGHT a 3/1 for 50K...Put 45k into it and now it’s worth about 160k....I got a two year lease for $1350. I can barrow up to 120k against it.Couple Questions: How much equity...
Tony Nguyen
Where Are All The REOs?
Hey guys,
Since Sept/Oct last year, the foreclosure activity has really slowed down here in Central FL. The courthouse auctions went from 150 sales per day to around 25. The main stream auctions have released less pr...
Marie S.
Buying 4th property... Tax Problems anyone?
I'm buying my 4th property (a duplex). I was told that once you purchase more than three properties, you need to form an LLC to protect yourself. I'm an accidental RE investor. It wasn't my intention to hop head first...
Kathleen M.
Property Management Co Terminated Contract
I inherited 3 properties from my father in Feb. Now that I’ve informed his long-time property management company that I’m selling, they sent me a letter wanting to terminate our contract immediately. They stated conce...
Brandon Turner
What would you do? (Applicant with double eviction)
A close friend of my resident manager would like to rent from me. He has two evictions on his record (which he initially lied about, but supposedly has turned his life around in the last few years, according to my res...
Don Konipol
Buying notes
Has anyone had any success buying or selling notes through a exchange platform, such as FCI?