PM sent a letter requesting owner to provide copy for either a deed of trust or mortgage statement before they can release rent check to owner. PM reasoning is to make sure that owner is paying the mortgage, if not...

Hello everyone,

New to BP(my first post). I had a question for the experienced investors..

When doing an assignment, whether it be wholesaling method or lease option, do you receive the assignment fee(say it was bas...

I just recently bought a duplex and have signed my first lease with a tenant. This is my first property, so I'm pretty new to all this.

She is a great tenant who can more than afford the rent on her own. She ...

Hey Bigger Pockets!

Im not sure if this is the right spot for this question- but our company recently begun managing other commercial assets outside our own portfolio (we gained 6 new commercial clients in la...

Hey All,

Looking for some guidance. I came across a lead and trying to determine if there is some meat on the bone and what angle to take here. First off- this property has not gone through probate and per th...

I had tenanted that moved in a week and a half ago. Its a young couple that have now decided that they want the girls brother to come and live with them to help share the rent and give him a place to stay. All are ove...

How Do I Purchase An REO Property When the Bank Doesn't Know They Own It?I'll start by saying I've always wanted to purchase a foreclosure but never really had the guts or understanding.  But I think I've found the on...

I am making an offer on a 6 unit 1 bed/1 bath property. The owner has upgraded all the apartments in 2019 and brought in new tenants on a month-to-month lease this year with market rents. He put the property up for sa...

Hello BP! I am currently analyzing a "duplex" in Los Angeles County that has a main house, free standing second unit, and free standing rumpus room (with bath). From my research and discussions with the city, all of i...

On or about February 1, 2020 we applied for business funding with Seek Capital LLC. Sergio spoke with us in detail and we asked him about the difference between a bank loan and the "revolving line of credit" being pre...