Hello there!I just attended a local RIA club meeting where they talked about note investing – first time for me hearing about note investing. It was a really nice eye-opener for the opportunities available and other m...
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...
Hi there, I am switching over my 4 rental properties to a new insurance and nitpicking my way through the coverage. Some things will go, others will be added. My question is about the option of the Fair Rental Value C...
Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...
Hello BP!For my friends out there I am little late in writing this post considering that we closed on our first 4-plex July 10th. I have collected 3 out of the 4 rents due and I am expecting the last payment in my po ...
Have been doing research to narrow down certain areas / cities to invest with buy-and-hold rental properties -- Florida continues to pop up in articles and when looking at metrics such as Pop Growth / Employment growt...
So it looks like the second wave of the virus is picking up throughout the US with certains states getting hit harder than others. Over the last couple days I've had two cancellations, and a handful more inquiries cha...
LOAN PROS, often I see on BP questions on Private money, hard money, direct money lenders, etc. Though I'm knowlegable on hard money loans, I know there are many out there that are curious and would appreciate picking...
I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
I love the idea of buying rental properties in a more landlord-friendly area, but the idea of managing a rental property from afar is terrifying. I would love to hear people's experiences with doing this and how it ha...