Account Closed
Regret accepting offer with owner carry in 2nd position
After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...
Frank S.
How Should I Seller Finance To Tenant
I have a single family home, 4 bedrooms, 2 baths, single story, 1800 sq. ft. in a nice suburb community in Houston, Texas. I purchased the home in 2009 for 121K and I would like to sell it today for 170K. It has had o...
Robert Burns
Branching Out into TX w/Lease Options
I want to expand my lease option business from my Louisiana base to the Houston, TX area. I want to involve my brother and his wife in the business. I've heard some interesting stories about doing lease options in T...
James Lee
Cashflow Properties
Hi,What is the best way to learn how and where to buy cash flow investment properties? Any gurus or academies you recommend?
Ken P.
Reflections on the first year as a MF owner
We’ve just passed the one year ownership mark, so I wanted to use this milestone occasion to update the BP community on our progress with the 18-unit package of condos that we purchased from a retiring landlord.First,...
Holli Phillips
Sold a house on contract and now buyer isn't making payments
This past August I sold an investment property to a lady and gave her 2 months before she had to start making payments. She put $1200 down and have only received one monthly payment of $600. As of Jan.1, she will ow...
Bryan Hancock
What is Your Best Experience With Fellow BP Members Sharing?
I have had BP members send me the following:
A copy of Spin Selling (thank you Jon Klaus) cassettes, contracts they use (thank you Ricky), advice on estate planning (thanks Vikram), attorney refer...
Bryan Price
Hard Money Loan Past Due (any red flags?!!!)
Hi All,I signed a promissory note secured by a single family home that a real estate investor intended to flip. The real estate investor has advertised on this site, and continues to advertise joint ventures and priva...
Greg P.
HOA assessments not benefitting all homeowners; state of NC
Hello all - I thought I would come to this community for advice on a matter that has been a problem in a neighborhood I own two properties in for over 5 years. This is in the state of NC.Situation: I own two propertie...
Haritha N.
Newbie questions on buying mortgage notes
I am fairly new to the concept of buying/selling mortgage notes and I have been reading about it. From what I understand (to put in simplistic terms):
Lenders (could be banks, financial institutions, private people) ...