Robert E.
Property bought at Foreclosure - How do I wipe out Tax Lien ?
Hello BP community!
I'm looking at a foreclosure property in IL. Mortgage lender is the foreclosing party. Judgment of foreclosure already ordered by the court. Sheriff's Sale scheduled for May.
Separate to all of t...
Nicholas Miller
which landlord do I trust?
I have a prospective renter who looks good on paper (no prior evictions, stability at job, decent income...) The one red flag I think I see is that he is breaking his 24-month lease after 18 months. When I called th...
Britt Clark
Non Recourse Loan Opinion?
I’ve been in discussion with several lenders recently as I build my multi-year business plan. Lima One offers a program that has non-recourse loans that can be used within an LLC. Of course, there is a cost to this an...
Mayer M.
Being a hard money lender. Should I do it? Advice?
Hey All,I have been approached to act as a hard money lender on a small property (less than $100k all-in) close to where I live. I’m intrigued and am considering doing it, but have never done this before. I have exper...
Ian F.
I want to get into investing in rentals for income, where should a newbie start?
My goal is to eventually own several single family homes for monthly cash flow and value building and automate as much as I can so I can spend more time doing what I enjoy.Much easier said than done, but I know that p...
Anthoni S Bereziuk Jr
Questions About Wholesaling as a Realtor
I'm an investor friendly realtor who will be getting in the game myself starting this weekend. I'm about to launch a direct mail campaign, website, and online classifieds (feeding my website)--all focused on attracti...
Account Closed
How not to network
A lot of people try to connect with me on BP, usually to get some information on out of state investing. I'm fine with that and try to share my knowledge when I can. However the inboxes below (redacted for privacy) is...
Jason M.
Post mortem summary of potential legal issues
Hi. I'm new here and wanted to share a recent issue I had with my renters. I'm looking for a little knowledge. I apologize if this gets long winded.I'm a novice landlord and have been renting my townhouse for over 5 y...
Saikhantal Yu
Am I responsible when contractors I hired broke tenants' stuff?
Hi all,Recently I hired an independent contractor (great reviews on Yelp) to fix a few appliances in the kitchen. Things were fixed perfectly, however, the contractor brought some minor damages, for example, scratchin...
Brodie J Meaux
Questions about number of LLC’s
Is it best to make an LLC for each rental, or single family dwelling I plan to own. Or better to have one LLC for all of my rentals I plan on owning.