Ryan Ahlgrim
Wholesaling and the Law
I’m a new investor who is hoping to do his first direct mail campaign starting in 2014 to wholesale a few properties. I just got out of a 90 minute consultation meeting with an attorney. My purpose for going was t...
KC Zhang
What happens to 2nd position if 1st initiated foreclosure?
I'm looking at several 2nd NPNs for purchase. Several of 1st position holder started the foreclosure process. The underlying assets have enough equity (FMV) to cover both 1st and 2nd. How can 2nd note holder ensure th...
Kevin S.
Getting an appraisal BEFORE listing a property
I'm considering selling a duplex of mine in Tulsa Oklahoma (waiting for a couple of other similar properties to close so I have good comps) and I was wondering what the BP communities thoughts were on getting an appra...
Bryce Henson
Tax Strategy - W2 Employee, Part Time Real Estate Investor
Hello all!What tax strategies can I utilize this year? I am a full-time W2 employee and part-time real estate investor in California. I invest locally and out of state in fix-and-flip and buy-and-hold properties. This...
Greg Moore
Vacation Rental Investors, how is your property doing this year?
In January, I was just about to move forward with my first Vacation Rental property, but put the brakes on it due to COVID-19. But 9 months in, it seems this sub-sector of REI is doing great— maybe even better than Pr...
Dan Liptak
Rental Property Recovered but Trashed
Lets start this with saying I had a nightmare tenant Constantly late and finally in January 2020 she was was an entire month behind. Lost job... etc. I served noticed to get the ball rolling but was willing to work...
David Maggard
Miami, FL - How to get the property under contract ?
I'm looking at a four plex that is Listed For Sale at a price of $645,000. There are three comparables in proximity that have sold for $650k in the past 6 to 12 months. The subject is vacant and by the appearance of t...
Miles Stanley
Using hard money on 1st rental (BRRRR) deal
Is this recommended? My thought is that if i understand what I'm getting into and I'm sure i can pay off the HML with a refi, sale, etc i should be set...unless the wisdom of the forums can show me otherwise!I'm cert...
Justin R.
FNMA Loans and Code Enforcement Liens
Alright, I need some expert input from those of you who work with Fannie and Freddie underwriting guidelines for a living.What are the rules for originating a loan on a property that has a code compliance lien on it? ...
Adam Demchik
House had mold..was cleaned with bleach and primed with Kilz...is this good enough?
Looking to purchase a rehab and the seller has already remediated a mold issue by using bleach and painting everything with Kilz. I am pretty sure this is not the correct method. The house had mold in the attic a...