John Arendsen
When Will They Start Calling Mobilehomes Manufactured Home?
I have to giggle up my sleeve every time I see the Manufactured Housing Industry continue to shoot itself in the foot. In the last 150 years we've managed to come from a Horse and Plow to a John Deer, from a Horseless...
Michelle Meyer
Seller financing contract, as a seller.
Hello,I am looking for ideas, I am selling my rental. We are under contract, but with the prospect of a market shift, buyers is asking for a reduction.I don't want to break the deal, but also don't want to lower the p...
Tony Chiaramonte
How to find the owner of a property
I'm fairly new to RE and am quickly learning that relying on realtors to set up MLS deals is not the best way to go. A lot of people on the BP forum seem to suggest "driving for dollars." Sounds like a good idea...But...
John LaVecchia
Asbestos Siding & Potential Lead Based Paint
Hey BP!I found a smoking deal on a ~830 sqft house, but it has asbestos siding and may have lead based paint based on the year it was built (1956). Roughly how much would it cost to remove those two quirks? The purcha...
Account Closed
First Time Invester STR Tennessee
Hello everyone I’m new to the BP community and have already read a lot of forums for STR in Sevierville TN area but would like some advice on my situation. I’m 25 with a great 9-5 job, my wife just quit her job to sta...
Lane Ewert
Buying Dirt and Building Any and All Advice
Ok here is where I'm at. I've looked at a few properties to rehab and flip. So far out bid. So I've been looking at everything from rentals to even lonnie deals. However I really like the idea of buying some land ...
Wale Dada
Creaky Hardwood Floors in Rental
In the process of converting my primary residence into a rental property and thinking of the repair items that will make the property most appealing to tenants. A personal peeve of mine are the original hardwood floor...
Andrew Taylor
This Seems Like a Winner: What Say You, BP?
I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
Bao Huynh
First Out-of-State Wholesale Deal - Sandy Springs - Atlanta GA
Hi BP,I have the property under contract for $84,750. It's a condo with 2beds and 2.5baths & 1500sqft built in 1980 in Sandy Springs GA 30350.This is a virtual wholesale deal I put under contract and is 25% or mor...
Patrick Watson
150k 12 unit C class property. Are C's a good idea?
Hi everyone, I'm a newb looking for some advice. I have come across a 12 unit property I believe I can get for under $150k in an older neighborhood, the building is also pretty old and in bad shape. I think i can get ...