Kent Byron
Buying a performing note - questions about the closing process
I’m in the due diligence period for my first note that I found through an online note exchange. It’s a performing note and the collateral is an SFR in a different state than where I live. I have read the very helpful...
Jacob Morgan
Tenant screening: which flawed applicant would you go with?
I have a remodeled, multifamily building in an smaller, old railroad town which has been down on its luck for a while, but seems to be slowly improving. As such, the core neighborhoods are pretty scrappy looking and m...
Simon Stahl
Lender that lend to LLCs
Does anyone know of a bank or a credit union that will give a mortgage/loan on a property in Indianapolis that is owned by an LLC? I am trying to decide if I should buy under my personal name or the LLC.Simon
Kelly N.
Built in 1901 vs. 1900- just curious
Hi,
We are investing in some pretty old homes, one of which says it was built in 1901. The inspector mentioned that this usually means they don't know what year it was built, but I thought that when they didn't know ...
Robert Chambers
Constant Leverage vs Over contributing
As I am a new investor, I was wondering the difference between doing a Grant Cardone style approach and constantly leveraging your debt so that it is always growing versus leveraging your debt to buy but than using ex...
Catherine Peters
Is San Antonio Renter Friendly or Landlord Friendly?
Hi BP Investors!I am researching San Antonio as a possible market for my next buy and hold property. This may or may not be an out of state property depending on whether or not my husband gets the job he is interviewi...
Billy Daniel
Weakening Rental Market
Is anyone else seeing a weakening in the rental market? I have vacancies on the rise and new tenants seem to be few and far between. I know several markets have been experiencing this for some time, but our market i...
Matt N.
Specific Tax Question For Representing Myself In Property
Hi All,This is my first year recording my mileage. I am a real estate agent and work full-time as an attorney for a corporation. Accordingly, I only spend a small percentage of my year working as an agent v. attorney;...
Matthew Masoud
Getting out of Mid-Term Rentals
I'm considering getting out of the Mid-Term Rental Game.I purchased 30 apartments (two 10 units, a 6-unit, and a 4-unit) for the purpose of running them as Mid-Term rentals.Currently, half of them are being run as MTR...
Justin Turner
Seller backs out 10mins before closing.
I have a subject to deal. I was at the attorney's office to close and he calls me and says his brother is going to buy it for 25k
After I've been working on this for months now. What can I do?