Christina R.
when an REO is listed at one price, dropped and dropped, then relisted higher than last price drop
REO on market for 170 days +. The price has been incrementally dropped. Now there is a status change with the price higher than the last price drop by about 10K. Is this the bank's call to increase and why would th...
Account Closed
Realistic purchase criteria in the current market
I would like to get local opinions on whether I may realistically find this in the current market or if I may need to adjust what I’m looking for:I would like to buy a 2-4 unit property in the Dallas area (Coppell, Ca...
Tyler Richard
Can a lender call a loan due to negative equity?
I would like to know if a lender can foreclose on a property or call a loan or require an influx of cash if the loan for the property is upside down? I've seen several articles online about negative equity, but if the...
Josh Ridgely
Noob question about refinancing
So I bought a house in January 2020(perfect timing I know). Bought it for $60k and did most of the rehab myself along with my wife. We have since moved and are going to be done with the house in around a weeks time. T...
Alexander Canalini
How do I enhance my Deal Analyzer experience?
Hi BP,I am at the stage where I am analyzing deals on a daily. I was told when you first start off to start with MLS listings (Zillow, etc) My question is, how do I find a good deal that I can analyze on the BRRR Calc...
Jason Denny
Midterm Airbnb tenant using too much electricity
So I messed up. I have a tenant that booked my Airbnb in the Dominican Republic for 6 mos. Just got the first electric bill and it’s a bit over $300 which I didn’t calculate into the price for the $1000 per month ren...
John Dehn
Leak and High Water Bills
I own and self-manage a property that recently had two drip valves break causing excessive water usage for January, February and March. Water bills for the property at typically in the $50-60/mo range but range $150 f...
Michael Auguste
New Home Construction Demand 'Quickly' Dries Up
New housing starts unexpectedly plunged more than economists projected in June as home builders grappled with the effects of rising interest rates curbing demand for new homes, according to data released Tuesday, addi...
Tony Xu
SFH Buy and Hold first deal Analysis
Hi guys, I am thinking of making my first offer on a property in the KC area.Here are the numbers:Sale Price: 85000Down Payment: 17000Closing: 2000Rent: 950Insurance: 595Taxes: 857Vacancy: 29 (3%)Property Management: ...
Bart Slak
Reducing Utility Costs
I purchased an 11-unit apartment building 6 months ago. The water bill is much higher than the historical average. Any ideas for a diagnostic test that could help me determine way the usage is so much higher. Occupanc...