All Forum Posts by: Amber Bennett

I have a day job that requires me to travel a lot and parents that I care for on California. I own 3 properties in Baltimore that were supposed to be renovated to make them ready to lease and pass inspections to obtain rental licenses (which the city requires). The whole while I thought the properties were being renovated, this PM had moved in tenants and had been collecting money and didn't make any of the repairs I paid him to make. 

Once he caught wind that I found out, he immediately called and started backpedaling saying he didn't tell me about the tenants because he didn't want to bother me with the headache and that all the money was in escrow (yeah right...). Anyhow, what recourse do I have at this point? Two of the tenants are cooperative, but one of completely unresponsive at this point. Thoughts?

Thanks!

Hello! I just purchased my first properties in Baltimore and I need to find reliable, trustworthy property management. Does anyone have any recommendations? I'm having the toughest time for some reason... HELP!

Hello All! 

Newbie here! I'm looking to tap into my primary home's equity to purchase a buy and hold. I'm trying to figure out the best strategy to go with? Should I do an interest only HELOC? And why?

Thanks I’m advance,

Amber

Good day, All! 

New to this whole note buying business and I have run across an interesting scenario that I'm hoping you all can help me out with. I just bought a non-performing 2nd note on a home where the 1st note is current, but I just found out the house is under contract and listed for 189K.

1st note balance is 196K.

2nd note balance is 51K.

Market Value is 232K, but it's listed at 189K.

To me, the math just doesn't add up. If this house sells for the listed price, what happens to my 2nd note?

Thanks In Advance, 

Amber