Alex Ficco
I Can’t Find a Deal! This Isn’t Working!” Yep… That’s Why It’s a DEAL
This post could be a book so I’ll try to keep it short, but one thing I hear allllll the time at my monthly real estate investors meetup here in Reno, NV is “I Can’t Find a Deal!” or some variation of that.
I’ve ne...
Jamie Brayton
Getting info from seller's realtor
What information do you ask for from a seller's realtor and when? In an ideal world I would ask for and get basic numbers upfront (utilities, maintenance expenses, accurate rent rolls, etc), as it would allow us to go...
Account Closed
Banks starting to "spruce up" foreclosures?
So far all of my rehab deals have come from the MLS. I have an automated email feed from my agent that sends me (REOs, Short Sales, HUD, Auctions). Over the past couple of weeks I've noticed a bunch of REOs listed for...
Adam Anderson
Obama mulls rental option for some homeowners-sources
I came across this article on the idea of the administration to allow some homeowners to stay in their home and become renters.
http://www.reuters.com/article/marketsNews/idUSN1429265720090714?rpc=77
What happens whe...
Kan Grrl
How to rent out my own house and buy another one?
We are owners of a home in Kansas City, MO. We've owned for about 7 years, but need to move to the Kansas side for school. Friends of ours have offered to lease our property so we don't have to sell in this depressed ...
Peter Turner
Forced to rent my home and need advise on management company vs self managed
Hello,
I will have to move overseas by the end of the year and unfortunately I can't sell my home due to owing more than what it is worth.
The good thing is that it is a nice 4 bedroom 2 bath home in a decent area...
Brandon Heath
Would you start a direct mail campaign to find 2-4 unit multi, in hopes of using a FHA loan...
Hello BP!I'm wondering if anyone has done this or if anyone can provide some insight on how this could work. I really would like my first purchase to be a great legitimate deal. I know that in order to locate deals no...
Kenneth LaVoie
florida beachfront condo
Hi all
My wife and I are considering buying a condo in florida and wanted your advice. Here's some info to get started:
we live in Maine
we would want to be able to rent it out by the week obviously, so no restricti...
Sophie Yin
Bought a second lien, how to get short payoff with 1st?
I bought this condo on auction in front of county court house this month. It was a second lien. The bid started at 25K, I bought it for 56k. There was another guy there bidding with me. The first mortgage is 96K after...
Ron Read
Is an empty parking lot on a multi-family a red-flag?
Seller claims 6 of 7 units are rented, but none of the pictures in his listing show a single car in the parking lot. I'd expect no-matter the time of day this shouldn't be the case. Am I paranoid? Should I even was...