David L. Rhoiney
Getting started in Notes
Hi. I am a beginning real estate investor and discovered the concept of investing in Notes and Tax liens. I wanted to see if anyone would share their story/experience on how they got started investing in Notes and/or ...
Dexter Harris
DID I ANALYZE THIS RIGHT for CRE Multi Family?
Hello BP family, hope all is well with you and y'all families with this self-quarantine? I'm still learning how to analyze deals for CRE multi- families units. Wanted to see if I analyzed this deal right? I live in S...
Bob Malecki
Seller's last assignment on 1st position note not recorded?
I'm working with a seller on FCI Exchange who has not recorded his assignment and says: "We don't record our position until it is under contract. FCI can record our assignment at time of close." This does not seem ...
Craig Shute
Fully Occupied Duplex - Good Deal or Not?
Fully rented upstairs/downstairs duplex in a village setting about 45 min from a mid-sized city. Each unit rents at $600/mo for a total of $1200 gross income monthly. Utilities are separately metered and paid by ...
Parker T.
Insure Rental at Replacement Cost
All,
I'm putting a bid on a foreclosure today at 30k. The insurance company quoted the replacement cost at 160k and with everything else factored in a quote of $94/m. This seems extremely high and doesn't fit...
Jameson Sullivan
Not new here but Im BACK
Hey guys, I got off the site for a while but am back now and more ready than ever to continue my journey. Since Ive left I bought and lived in my first rehab project (something Ill never do again!!!) The project is ac...
Mikaela C.
Need help with landlord and illegal behavior
Apologies for the length of this post, summary will be at the bottom. My fiance and I recently moved out of a place that we only lived in for a year. Our landlord did not employ a property manager and so we paid her t...
Sharee Mason
Counting empty lots in pro forma
I have a client trying to purchase a mobile home park. It has a few empty spaces. The seller has those spaces listed on the pro forma income/expense sheet as what they would bring in if they were occupied. My quest...
Rob LaRovere
How NOT working a stable job & binge watching HGTV saved my life
Fresh out of undergrad and without the prospect of a career job on the horizon, I took the plunge and moved from beautiful Reno/Tahoe to Knoxville, TN with the woman that I was dating at the time (now wife). She had b...
Mona C.
Working with Contractors
What a nightmare trying to find a contractor to do a small shower. All contractors want $10,000 and I’m like what the heck. I screened and screened and searched up and down and right and left till I found a unlicensed...