Benjamin Kanevsky
electrical problem
My tenant called me last night and said that her daughter plugged in an iron in her room and that it somehow set off the circuit and there is no electricity in her room. She said that they unplugged everything in ...
Mickey Petersen
Most Disgusting Renovation yet!!
Newly acquired property.I knew this renovation was going to be a doozy. Although, I didn't know it was this bad. When I went to clean the place after the previous tenant moved out, I learned real quick how bad it was....
Anthoy James
How to compete with competition offering bogus offers to prospects?
So I've noticed when I get calls from my mailings a lot of times I will meet with a seller and offer them something that is good for me to buy as a rehabber. (Like $240k for a property with an ARV of $400k) The sel...
Greg Carrier
the uglier side of tax sales
Just thought I would post for those interested in tax sales. I attend several auctions a year and buying houses via tax sales has been the most profitable way for me to consistently purchase homes. So I am sold on t...
RG Mullen
Payoff mortgage on rental
I am a conservative investor who has a good income and good liquidity. I have a rental home that is getting into a range where I can pay it off this coming year. The benefits to this are:
-less debt
-increased cash fl...
Tareq Salaita
If you knew the market will crash in a year, what would you do?
If you knew the real estate market as a whole would crash in 1 year (similar to 2008-2009), what would you do over the next 12 months to protect your investments? Would you sell, hold or do something different?
Adam Dassie
How much trouble am I in?
Hello, I am new to BP and have been reading posts for the past month.I am currently active duty military and set to be relocated in the spring. I bought a house here and some things didn't go as planned. The military ...
J Woodfin
And or Assigns (Is the Wholesaler Liable)
I am selling a property and the buyer has put and/or assigns behind their company name on the RPA. The deal is currently in jeopardy because the buyer was supposed to wire the funds to wire EM 4 days ago but never did...
Aqil Dharamsey
City not helping with drug dealing street
Hello fellow BP landlords. I have a multi family
In Rochester NY. 3 months ago city did an under cover drug bust and arrested a tenant from my building. Following that incident, I got a letter from the city stating th...
Bobby Nilsen
McMann Commercial Lending
Has anyone had any experience using McMann Commercial Lending. Currently looking at potentially using them for a $2m loan/beloc on an 8 unit building. Any insight would be helpful. Thanks.