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I am a retired military officer, disabled vet (10 year Terminal Attack Controller during my enlisted years--destroyed knees jumping out of planes), and 30 year real estate investor. Did I mention my knees are bad? S...
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Probably covered before in BP... but it's me and it's personal now ;) Ha! I've seen people say "eat the damage" and "take it outta their deposit"... wattaya think?If I don't keep part ...
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Hello BP!I’ve had a 20+ year career in commercial real estate, primarily in lending. I’ve worn a number of hats—commercial mortgage originations, syndication, securitization, etc and was once a CFO for an affordable ...
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First househack duplex, our contract had close on June 16th. I took 2 weeks off work between then and July 1 to make my unit livable. Those dirty tenants can't move into their new place until July 1. My lease is up Ju...
HelloMy ex-landlord is threatening to sue me for water damage I caused due to watering a flower bed in the garden. How should I defend myself?I rented a house townhouse that had a flowerbed built along a neighbor's wa...
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So I am an absolute newbie. I'm in the Suburban Philadelphia area where the market is crazy right now and it's so difficult to find a deal to make money on. I'm sure I'm not looking in the right places because of my l...
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The Consumer Financial Protection Bureau (CFPB) was another offspring from the Dodd Frank Act, a legislation that is well-hated among mortgage professionals in America. These new controls under the CFPB have put unne...
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Let me start by saying we are not judgmental people; this post isn't meant to be shaming. We have a tenant who I would guess is up over 400 lbs. His toilet split the other day. We hadn't given any consideration to ...
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Recently I've had multiple conversations with new investors who are tempted to purchase homes that would be financial disasters simply because they are having a hard time finding decent cash-flow opportunities.The pro...
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How does one start lending their own money to other RE investors?
I am curious how this process works, what rates/ terms are common? Is this a common practice? Risky?
Looking to learn more about this space
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