William Hochstedler
Can I tie up a short-sale property while I wait for it to foreclose?
A client (buyer) came to me interested in a listed house in the pre-foreclosure process. The listing agent is not local and doesn't impress me as being able to get a short sale done as there are 4 trust deeds on t...
Robert Rainey
Direct Mail Campaign
Morning BP, Ive been investing(Flipping and Landlording) full time since 2011 but I skipped wholesaling and jumped right into rehabbing because deals were every where. Now I see I skipped a vital step because I dont k...
Justin Nothem
Seller Financing
Hello Everyone,
I am looking for some advice on how to proceed with my first home purchase.
My girlfriend and I are looking to purchase a duplex in Wisconsin. I graduated from college in May of 2012. I ...
Gayle Eisner
Tenants supplying their own credit reports?
In the last month or so I’ve received tenant applicants that would like to supply their own credit reports? I have always ran their credit report and charged them. I use my own company that I work with. I hate to los...
Mattie Covatch
Should Landlords ever provide Internet?
I have one tenant who's been here a long time, before I started not officially including internet. Now I say "I sometimes share mine with people as a courtesy, but it's not included-- if the person makes my internet ...
Francisco Hernandez
Puerto Rico: Gold Mine or Fools Gold?
Hello All,What are your thoughts on the mass exodus of citizens out of Puerto Rico? Are you hopeful that the economy will pick up and investing in this market will be fruitful in the long run or are you staying clear...
Andrew Whicker
Triplex under contract, full occupancy, want to purchase under FHA (need a tenant removed)
Hi,
A few facts:
- Triplex under contract
- 100% occupancy
- FHA loan secured
- 100% tenants on month to month leases
- Due Diligence stage is almost complete.
The question...
Karen Kalina
My 1st Long Distance Brrrr in Georgia..and troubles along the way
My husband and I bought an investment property in Georgia. Oct 2018. We are long distance investors since our local market doesn’t offer the returns we are looking for. We have had a long and expensive reno project th...
Andy Gill
Will mortgage lien surviving foreclosure negotiate?
I bought a property at an hoa foreclosure and a mortgage lien survives and is itself in foreclosure. Are they likely to negotiate or will I have to pay the balance? I can't get the mortgage company to talk to me at al...
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...