I just completed my first flip . . . yay!! The property is located in the Inland Empire, San Bernardino area. I am looking for creative solutions to get it off my books. Short story: It was my first property. I made s...
We inherited a tenant who was one month behind (September), we gave 60 days notice immediately after closing (October). They were late on the next months (November). Now they are moving out at about 45 days and reques...
Greetings all! I've been lurking and soaking in every word of information in these forums and site. It's been an invaluable resource as I seek to fill a new vacancy in my recent rental. I set the BP standards in my li...
Hello,
So I have decided I would like to enter this market for investing but I find myself in a bit of the opposite situation from most people starting off in RE investing. I have cash but my credit was destroyed in ...
What do you think is the SINGLE most dangerous pitfall for real estate investors (decisions, thoughts, habits, personality flaws, beliefs, behaviors, etc.)? What kinds of personal liabilities keep us from being succes...
A while back I posted my ideas about partnering up with my fathers company to create some equity by renting out units to the employees. Fast forward almost a year later and I took people advice and I'm not doing it. I...
Hello,
I am new to investing and have the opportunity to start investing on a hard money lending transaction for a short sale purchase and flip transaction.
According to the company servicing the loan:
The loan is a ...
Do you just love real estate? Or, like me, do you just like business in general? Was it the "glamour?" Or was real estate simply the vehicle to financial freedom?For those of you who have or are making this a busin...
I have the opportunity to purchase a property at a big discount ($220k purchase - $310k ARV). The house has uncooperative tenants, and I can't see the property. I would purchase subject to interior inspection, so I ca...
I am in the process of refinancing my loan and as most have experienced it is taken a very long time to close. I am towards the end of closing after what seems like forever working with my lender and when they sent me...