Danny Webber
Best thing to do right now to prepare for the new REI Market?
My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps
Account Closed
Short Sale Investing in States with Anti-Short Sale Laws
Hi Everyone,
I live in Oregon and we're one of 14 states that has foreclosure consultancy laws. I've been told by my title company that I can't perform investor short sale transactions due to these laws.
Verbiage i...
Judy Parker
Belligerent tenant won't pay increase or vacate
I have a belligerant tenant whose lease expires June 30th. He sent me this message. in response to the lease renewal letter I sent him. "you cant legally ask me to pay 1/3 of the electric in an illegal apt. not leavi...
Joshua Meisner
VBRO/AirBNB Questions to ask
Hi BP members!We recently have refinanced to go into real estate investing, as we had a very large amount of equity and wanted to hopefully speed up our path to retirement.After discussing multi-families and placing o...
Eva Taylor
Lease wasn't signed correctly and tenant always pays late
I am a very new landlord. We bought our house turned rental nearly three years ago this coming summer. Last December my husband's job was moved 150 miles away so we had to relocate. We didn't want to try selling our h...
Reid Mayo
How to not run a rental business
I just moved into a new place (I'm renting) at an amazing price. From my knowledge gained on these awesome forums, and of the local market in general I knew that my landlord had to be hemorrhaging cash on this rental...
Tony Ngo
Tenants moved out - repair/damages questions
The tenants stayed at the property for almost 5 years. He gave me a notice to move out four days ago. He bought a house and moved out. I came by last night to do a walk through. The house has damages (blinds we...
Johnny Alvarez
Inheriting Tenant on first purchase
Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...
Account Closed
How to find a real estate syndication deal to buy into?
Hi, I have a lot of owners in my area that are interested in selling their property, but as you can imagine, the potential hit of taxes tends to deter them from pulling the trigger. I have begun to consider the idea o...
Yaya Y.
How do you make money from a syndication?
Hi everyone,I am interested to know the reasons (pros/cons) for syndicating RE deals. I was running the numbers on a typical deal, and the GP usually makes anywhere between 5-10k depending on the Purchase price of 600...