Taylor Green
What repercussions does borrower have if foreclosed on by private
Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
Martin Guerrero
Potential Tenant has an eviction started but was dismissed
Hello fellow Landlords, I am in the process of screening a potential tenant and it appears they may have had some trouble early 2022 where they might have missed rent payments and it looks like eviction process was st...
Stephanie Nurre
HELP: Bought a house that will likely be condemned
My husband and I recently purchased a house in Lake Forest, IL that needed some rehab. We did all of our due diligence (three mold companies, chimney inspector and regular home inspector). After beginning the mold rem...
Everett E.
Safe investment portfolio for $2.5 million inheritance
I made a post about a year ago asking for advice on investing some inheritance money. My grandpa's estate turned out to be incredibly complex and still hasn't been distributed, but due to some other deaths in the fami...
David McCracken
Applicant with low credit score but stable high paying job
I have an applicant interested in one of the flats in my duplex, who has a stable job as an engineer at a large company and makes over 70k a year. However his credit score is quite low (around 550), and it shows he ha...
Joe Meares
Neighbor is trespassing and scaring tenants...next steps?
Hi guys!Question on handling strange neighbor behavior. One of my tenants is a young family and a neighbor has scared the stay at mom a few times by randomly showing up in their back yard, I think a fence would solve ...
David Wong
Better to dive in or take a class costing 10,000 dollars
Hello Everyone, I have been having a hard debate with my girlfriend. She just went to a class that gave her the RE Basics. We do not have a house at this point in time, but we want to purchase a house soon. We have li...
Marlon Long
A good problem to have.... Too many people interested in a rental
Houston we have a problem. We recently listed a property that we rehabbed as a BRRRR deal. I listed just yesterday afternoon and have received atleast 20 contacts regarding seeing the property. I researched the are...
Austin Petrie
Analyzing Returns on Properties held for 20+ Years
Hey all,So my grandfather started investing in real estate over 30 years ago and has not sold a single property. I'm currently trying to analyze how well each of these properties performs year to year to see if any ar...
Shawn Coverdell
why am I spending time on quickbooks?
OK, this sounds like a silly question but I really want to know if this is necessary and why. We have 19 accuired 19 doors using the BRRRR method mostly. 4 duplexes and the rest are SFH's. Wife has spend many MANY hou...