Hello allI have a scenario i need advice on.  I found an abandoned property while driving for dollars. I was able to get in touch with the owner and they are willing to sign it over for $1000.  The catch is that there...

Investment Info:

Condo fix & flip investment.

Purchase price: $365,000

Cash invested: $60,000

Sale price: $525,000

Bought this at auction, it was abandoned a year before with all of the perso...

Hello, I am a new investor and I have decided that starting off, for now, I'd like to invest in only vacant land. Specifically, I am looking at land within subdivisions or decent areas of town that people would probab...

Do mobile home bought individually make good rental properties. In theory they make sense seeing that you can get them fairly cheap in good shape but do they actually cause mostly headaches with the type of tenants th...

Hello BP community, I have a question for my Chicago area wholesalers out there or wholesalers in any market that may have experienced this issue. Im working on a wholesale deal in the Roseland neighborhood, for those...

So I bought a house cash and intent to flip it. It's a mess. The seller told me there is a rent paying tenant who has been in place for 22 years.  Seller has no lease on file. He says the tenant owns several propertie...

Hello,My current tenant is in the process of moving out. She gave 30 days notice and was supposed to move out fully on 8/18. She had begun moving out and was not living in the property since 8/12 but still had lots of...

Recently purchased a bank owned foreclosure with an existing distressed duplex that I will rehab. After closing on the property, I have detected a 30 amp line running from my electrical property to the adjacent parcel...

Let me start off by saying that I am NOT a financial or legal professional and none of what you are about to read should be construed as either financial or legal advice. Always consult a qualified professional.At my ...

Found an investment property where everything looks great and seller accepted offer.  Inspector noted that the heating oil tank is underground in the backyard with concrete over it.  He suggested that I get it tested ...