Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
My business partners and I just created a new property management company here in Cincinnati, Ohio to manage the properties in our portfolio. I am hoping that current PMs and owners who use PMs can offer some tips on...
I stumbled across this company the other day and it really got me thinking of the possibilities. Hipcamp is a platform that helps campers discover and book unique camping experiences on public and private land across ...
I am not clear as to the difference between rehabbing and house and flipping one. Could it be that when you flip it is for quick profit and you would do a 1031 vs rehabbing which you would live in it and hold on to a ...
We have all been thinking about and living the Corona Virus. I suspect that most of the BP community is in the same state of mind as me which is, doing everything I can to work it out in my head but obvious and defini...
Hello everyone,We own a SFH rental that has been leased since March of this year. I handed keys over to property management at the end of last year and they got to work advertising, got a tenant in there, everything w...
Hey guys,I’ll share more about my first deal and how I found myself here in another post, but I wanted to make a specific post about something that’s been on my mind.I work with a partner (he has the money, I have the...
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...
Hi, I am 16 years old and I want to get a rental property, but I don't have enough money yet, and I will soon have a job that only makes me $15 an hour, so I have considered getting a partner, but where do I find a pa...
I got into a discussion today with a local property owner that manages most of his properties in house. He loves the fact that his tenants typically pay late and he collects late fees. It got me thinking about the var...