Patrick Menefee
Small victory-first property (4plex) finally under contract!
This is just the start of my journey, both for this property and for my REI career, but I learned a lot in the long time it took me to get this property under contract. Want to share what I learned along the way in th...
Bill B.
OK.....now what???
I've partnered with my mentor to purchase my first NPN. The purchase is now complete. It is a first position note. I'm very satisfied that the purchase price of the note is around 40% of the current fair market va...
Bob Malecki
The Big Short: Michael Burry on the Next Financial Crisis
If anyone who is newer to note investing needs a refresher course on what caused most of the NPLs we buy to be available, read The Big Short or go see the movie. Fascinating how corrupted Wall St. brokers and rating a...
Sierra Fox
Tenant Gets a puppy against landlords permission
Hello,
My tenant signed the pet agreement (addendum to rental agreement) prior to getting a puppy without my knowledge. I just found out she got a puppy after signing the document and not asking for permission. Wh...
Terry Nguyen
Duplex BRRRR, Hamilton, Ontario
Hey BP,
Wanted to document my first real estate investment. Purchased a Single Family Home (SFH) in Hamilton, Ontario with the plan the concert it to a Duplex. Not only is this my first investment property, it’s al...
Thomas Manuel
Robyn Thompson's junkers to millions boot camp
Has anyone ever attended Robyn Thompson (the queen of rehab) Junkers to millions 5 day boot camp, if so what did you think of it and more importantly is it working for you?
Nad Oli
Helping my tenants sue their previous management company , suing the seller.
Hello,
I am seeking help with a situation involving my tenants and their previous management company. I recently purchased a duplex, and the previous owner had employed a property management company. One of the apart...
Matthew Ware
AHP Note Buyer's Boot Camp Take Away
Hello Note People. I just wanted to stop in and share some of my takeaways from the Note Buyer’s Boot Camp held by American Home Preservation in Chicago last week. This post might be useful to newbies like me thinking...
David Li
Real estate horror story, need some advice
Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
James Wise
Couch From Hell & Crying Newbies
Pulled this beautiful screenshot from the footage of a recent eviction we did in Cleveland. 🤮 Lol this couch from hell compelled me to make a public service announcement for all of those newbies out there on the forum...