Joseph Ball
How I hire virtual assistants
How I have set up a small company, with Virtual Assistants.Here is exactly how I do it.Why do I like to work with VA’s?I enjoy the “hands-off” way this works. I assign each VA a narrow, very specific task. I don’t hav...
Erik Hansen
Best smart locks and security system for STR
Hey BP folks, looking for suggestions on best smart lock and security system (w/cameras) for a new STR I’ll be acquiring. I’ll be self managing from afar so I’ll need remote programming capabilities for both. After ...
Tom Maurer
What's your definition of excessive noise RE:kids running around in an upstairs apt?
An upper apartment in the building I own has hardwood floors with a
great tenant. The tenant in the one below it (another great tenant
other than this constant complaint) complains that, when the tenant
in the u...
Kest Cousins
Non-recourse loan question
My question is if you are trying to assume a non-recourse loan would you need a sponsor for the net worth or is that up to the bank?
From my understanding a non-recourse loan they (the bank) cannot come back to you p...
Karen Margrave
GO BIG OR GO HOME!!
Being around Xtreme athletes for years, that was a common saying around our house with Professional Freestyle MX riders practicing in the backyard. When it comes to real estate investing, I've been reading how many of...
Kumar Gunda
Help: Is this a good deal?
Hi All, I just started out looking and came across this deal. Since it is going to be my first offer, I want to run this and get everyone's opinion to see if this is a good deal. Goal: Rental then later BRRRRProperty ...
Crystal Chang
Are contractors to be trusted?
My main worry as an out of state investor is if I want to get a property at a discount, the property would needs to be in some form of distress. I would then need to rehab it so that I can rent it out as a buy-and-ho...
Adam Beckstetdt
Is a home inspection worth it
I have an accepted offer on a 10plex and am debating on if I need a home inspection. It will be a bit over $100/unit. It's not a ton of money however I have never gotten one on a rental and typically they don't stand ...
Arthur Mayer
Deed in Lieu, Short Sale, or Cash4Keys on 2nd NPN
Scenario:House is worth $65,000. (BPO)Homeowner has a 1st for $58,000 and a 2nd for $15,000. (CLTV 112%)Purchased the NPN 2nd for $2,000She is behind on both her 1st and her 2nd by about 30 days now. The homeowner ...
Jerry Poon
When to back out of a deal
I had found an okay deal for a duplex, and given the market and how tough it had been to find extraordinary deals, I decided to pursue it. I found a direct mortgage lender here on these forums, and we went through the...