Emmanuel Sasu
Sherman Bridge Lending User Beware!!
Sherman Bridge Lending-User BewareFalse promises, bait and switch hidden fees and spiked interest rates.Name of their game-- keep you locked in the hard money as long as possible.I've been using Sherman Bridge for the...
Davido Davido
Neighborhood Cooperates to Rent Abandoned Home. Who Pays Taxes?
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
Daniel Miller
Assuming a Mortgage...RE Agent says can't be done
I am trying to purchase a fourplex.
My parents (due to my lack of credit history) have stated that they will assume the existing mortgage. I talked this over with my RE Agent and he said banks will probably n...
Marie Barrett
HOA Suing me for bird seed on the ground
hi, I live in a townhouse style condo and have both an HOA and a Condo board. The HOA has send me about 3 or 4 threatening letters over the last 6 months for various things. One more recent issue was they had a lawyer...
Jonathan Liu
Memphis Invest - Communication Issues
After reading the glowing reviews of Memphis Invest on the BP forums, I decided to take the jump and give them a try. A couple weeks ago, I spoke with one of the portfolio advisers, and we scheduled a follow-up call f...
Andreas W.
Anybody tried rent due on the 5th in order to avoid late payment?
There is always a group of tenants who pay rent late often or even most of the time. I understand that life from paycheck to paycheck is hard to manage financially. I was wondering, why not have rent due when the payc...
Sam Mathew
Legal - LLC vs Trust vs Personal Umbrella Coverage
Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12 rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...
Jason Grosso
My YellowLetter. Please critique
So, I have made my own Yellow Letters and have sent out about 200 thus far int he past week. Standard white #10 envelope with handwritten font on the front in red, same font used on the letter. Small return label with...
Melanie Baldridge
One of the best strategies is this
If you think about your career and your journey to build wealth over a long time horizon, this is still the strategy that I like most:
1. Start a business that produces cashflow.
2. Use your personal cashflow to buy...
Aaron Montague
Fundrise?
Has anyone else joined Fundrise, or any of the other Kickstarter-like RE sites?
If so, have you had any success raising or making money?