William Johnny
Pay off debt first or invest first
I’m 22 and have a 16k balance im tuition that i need to pay. I’m currently paying 250-500 a month because that’s what I can afford right now. I want to invest in real estate by using the BRRRR method. The thing is I w...
Rich Hupper
Possible Sub 2 Deal? Can someone advise?
HelloI found a homeowner who bought a 2 family back in 2003 for 225,000. Due to poor management on their end they have defaulted on two mortgages.I believe both of the mortgage debts combined equal roughly 215,000. AR...
Steven S.
I made LA/Ventura & SF/Bay Area Underwriting tools you can use
Hey, thanks for the time, this is my first post! I'm a UCSD Real Estate Development 2020 grad with a background in coding that got into flipping SFRs in the LA/Ventura area. When we get them at a low enough price, we ...
Nat C.
Learning how to understand mortgages in the court records
Reading and understanding court records is paramount for bidding on foreclosure auctions.I am not absolutely certain I have grasped it. I'm not in full understanding presently, like when there are several mortgages re...
Kristoffer Bergen
Property Management Transition
Hey all.
I live in WA state and have several properties in surrounding Nashville, Tennessee that are managed by a very small property management company. After some recent not sitting well scenarios we want to go wit...
Account Closed
Structuring Subject-to on a preforeclosure
Hi Everyone,Has anyone structured a subject-to deal while the seller is in pre-foreclosure? I was thinking about coming up with the missing payments, fix the house and sell it or just keep it as a rental.Will the lend...
Jonathan Johnson
Inherited Tenant Problem Questions:
Hello BP,I've inherited some unsavory tenants. I was mostly fine with it because all the leases were going to be up in July or sooner. HOWEVER, I was not aware about just how bad it was.Tenant 1 - wanted to talk to me...
Willie Herring
I'm torn between Dave Ramsey and Everyone else!!
You can become a millionaire investing in real estate in many different ways. with that being said, I really, really hate when one side of the isle say you should invest in real estate their way. I'm 95% Dave Ramsey. ...
VAL A.
Is lease clause legal? Tenant questioning it.
I own homes in another state. I've leased them out for a number of years and always had the lessee responsible for full maintenance of the property as if they were the homeowner. The exception to that is I've paid...
Account Closed
Licensing Boat Slips to Pay off Marina Mortgage?
BP Family,I have stumbled upon a deal which could prove to be exceptionally lucrative, assuming my financing plan turns out to be feasible.The property: A marina on a large lake in Alabama. It has 24 boat slips which ...