Ronnie Sparrow
Bank of America
Need some advice from you guys who have been there and done that. There is a property that has been vacant for the last 6 months. I was able to track the owner down and yesterday met with them for about 45 minute...
Brent Sander
Quick trust deed question
Hello BP Community,I'm learning how to evaluate foreclosures and have a quick question about the trust deeds affiliated with the property. I'll try to lay out the information simply, then ask the question.House was pu...
Brad Gibson
Looking at a Fourplex
Im currently looking at a Fourplex in West Texas.Unit 1 -- 3 BR 2 BAUnit 2 -- 2 BR 2 BAUnit 3 -- 3 BR 2 BAUnit 4 -- 2 BR 2 BAAll four units are rented at $625, $525, $625, $525. Total monthly income is $2300. It has...
Rick Baggenstoss
san jose roofing question
My brother-in-law is buying a house in San Jose, his first, and it needs a new roof. He was getting outrageous guesstimates from his agent. 15k for about 18 squares (1200 sf house). In Atlanta, this would be abou...
Rob Dallek
Transferring title on a property received as a beneficiary from a self directed 401k
My late wife and I held joint interests in a piece of real estate in our separate individual self directed 401k accounts. Hers was a partial interest (8% of total ownership) in the property within her self directed 40...
Sean Link
Part 3: Closing my first deal. What I would do differently. Lender Backout.
After I paid 75% of the expense to fix the egress windows, my lender backed out of the deal for another detail that was mentioned in the appraisal. I frantically reached out to 4 mortgage brokers and 1 bank. Amidst my...
Michael Carbonare
Do Not Buy A Condo In Florida!
A n00b contacted me about the numerous "great deals" he was seeing FSBOs offering on their condos throughout Florida. As a resident of the Hurricane Sunshine State, I can tell you it's Fool's Gold. The assessments. ...
Jerrod Hill
Process of buying land for development
I have been researching into building a home from scratch. I haven't been able to find good podcast or resources on here that discuss this topic. I understand the design and build part, but I don't know where to start...
Julia Scuderi
New Real Estate Agent
Hello, I’m just got my Real Estate License one month ago and immediately got listing. And received multiple offers. I feel my managing broker was not helpful. I did not have any experience or training. My client signe...
Robert Haworth
Give me a quick read on seller's settlement workaround
BP Nation:
Am in need of a quick read on this unusual situation with a distressed investor/seller unloading several properties. We are trying to buy just one. My agent is asking her broker as well as a settl...