Brett O
What is YOUR process for rehabbing/remodeling a house
Hello BP, I haven't posted in quite some time! I thought it would be interesting if we all shared what our rehabbing/remodeling process looks like. I am currently on my fourth investment property, my strategy is bu...
William C.
Agent is “wholesaling” property on MLS
Wow, this one is a doozy. In all of my 10 years I have never seen anything like it.Friday a client of mine discovered a property for sale that he has had his eye on for almost 4 years. Back then, it was listed for $...
Account Closed
Can I reject an applicants request to withdraw their withdrawal?
Lol no this is not a riddle. I actually had an applicant that was going through the screening process with the HOA of my community request to withdraw the lease agreement. The applicant did not want to wait any long...
Brandon Lowery
Qualified Intermediary Scam?
Hi everyone... I'm new to this forum, thanks for having me.I'm in a little bind and need some help related to a 1031 exchange where a Qualified Intermediary is holding $113,344.93 of my money. Looking for some advi...
Tim Anderson
Having a Nightmare with a Contractor
OK. I hired a guy off of craigslist to do my HVAC work, since the other estimates from actual HVAC companies were absolutely ridiculous, lowest quote was $8,500. I had him sign a contract stating that he was licensed,...
Mr Good
Marijuana growing in my rental
Hello. I rent a house with a separate garage to a single mom and her 12 year old son. She pays on time, has been in for a few months.
I recently had a contractor rake up all the leaves and do a nice spruce up of th...
Sam Alpha
How would YOU tackle this foreclosure deal?
Hello,I will try and keep this as short, but detailed as possible. My experience with RE is at best limited to the BP podcasts and a little reading material, as I have only decided a few months back, that I would like...
Josh Miller
STAY AWAY FROM NREIG (National Real Estate Insurance Group)
I'm too young to have a heart attack but that's what I just went through dealing with NREIG. Long story short I'm getting a portfolio loan through LimaOneCapital and they have some pretty specific request when it com...
Richard Clark
Newbie Questions about Proof of Funds
When a wholesaler puts a property under funds, do they have to have proof of funds? How can they if they don’t know who from their buyer’s list (if anyone) will purchase the property. (If I had the funds, I’d just buy...
Wendell De Guzman
Why Rent to Own Makes Sense For Newbie Investors
Rent to Own is great for newbie investors. Here are the reasons why:1. With rent to own, you can buy a property at closer to market value and still make money. The problem in a hot market is that getting good deals is...