Frank Gigliotti
What am I doing wrong?
19 May 2015 | 16 replies
seriously guys, look into cheaper ways to buy. using the funds from a re-fi from one house to buy more than one new house is growth. growth is what you want to do. make your money work as hard for you as you can. finding houses that are dirt cheap is the answer. there are several ways to buy real estate that are nonconventional. several years ago, the federal government restricted the number of foreclosures a bank can put back onto the market. consequently, that forced the banks to hold onto the less than desireable foreclosures and market only the best that they have. that added to the carrying costs of the remaining houses that they could not market. finally, they had to make a decision; hold onto those houses until they could market them, or dump them in light of loosing the carrying costs. most banks chose the latter. so, now, you have thousands of houses that the banks just dumped back to the previous owners by filing a release of lein with the counties that they are in. legally, you have a house that the bank no longer has a claim on, and the previous owners either do not know they own it again or they don't want it. there is potential for a hell of a deal.i bought one for $2000 on a tuesday and sold it for $10,000 on thursday. i also bought one for $2250 and picked up the back taxes for $4000. that one i am holding onto to rehab and will be worth $50k when i am done. tax sales are a great place to pick up extraordinary deals too. your problem is NOT on your cash end, its on your buying end
Drew Denham
Water pressure light???
25 December 2014 | 6 replies
Hi all,
My new rental has low water pressure when you run the shower and sink at the same time. Any thoughts what the problem might be??
Thx!!
Eyal B.
Multi-Family reposition in Los Angeles - Lots of Photos
6 August 2015 | 75 replies
It was simply a lot of research into finding great looking materials for investor pricing, intuition, and a general understanding of what people like (opened and flowing, lots of light, etc).
Jonathan Buehler
Rent or Sell my primary residence
23 December 2014 | 29 replies
Let's assume 3% of rents per year to go toward a savings for these items.Make more assumptions about any month-month maintenance you may need to do such as lawn maintenance, snow removal, fixing lights and faucets etc.
Glen Beringer
Strange pipes coming from the walls of rehab
28 February 2015 | 15 replies
The system produced acetylene gas which was used for lights, cooking, and sometimes hot water.
Eric Schuettenberg
Do you screen your yellow letter return calls?
1 May 2020 | 10 replies
I'm sure someone here with experience could shine a light on this particular subject?
Ray Mulli
Motivated seller, nightmare tenant
3 April 2015 | 5 replies
He also warned me that she is "crazy".
Seth Greiner
Single Family Purchasing Checklist
17 April 2015 | 1 reply
Here's our Rehab checklist- Kitchen; Bath; Electric; Lighting; Plumbing; Roofing; Curb Appeal; Flooring; Walls & Ceilings; Mechanical Systems; Doors & Windows; code violationsOur numbers checklist- Taxes, ARV, HOA, Rental Income
Maurice Bey
MOST EFFECTIVE NO/LOW COST METHODS OF FINDING MOTIVATED SELLERS!
10 January 2017 | 47 replies
@Grant Kemp @Hattie Dizmond @Ned Carey There are some nay sayers here on BP that do not teach, just warn and scare.
Matt B.
San Diego / Sunnyvale CA, Aspiring Real Estate Investor (out of state)
29 December 2014 | 20 replies
Walls have holes and poorly done plaster repairs, doors are missing door knobs, lights are missing fixtures, and some faucets are missing knobs.