I live in Palm Coast Florida and I got a call from a bandit sign from woman in preforeclosure. She got a loan for the house in 1999 for $63,000 and still owes $55,000. ( She has actually paid over $120,000 since her l...
friends, need your help!
saw a bank owned single fam home recently. 3bd 2bath 1500+ sq ft. in a highly desirable and developed area in Dallas. one of the best school districts. home is old, 1991 built, but everything...
Not sure if anyone has seen this. Thoughts?
http://www.latimes.com/business/realestate/la-fi-lew-20100905,0,7858564.story
Greetings Fellow BPers,I have a few buy and holds and am in need of some advice on one that has nose dived. I have a condo that was cash flowing nicely up until about a few months ago ( $1250 Rent -$802.21 PITI & ...
***June 2020 NEW UPDATE***: As a follow-up from my deal in contract below, I am thankful we are still in contract due to Covid-19. But now, the Buyers want to renegotiate a lower purchase price significantly reducing ...
Hey there,
I have a new client (an owner of a couple of properties) and looking to sign him on a Property Management Contract. I'm attaching the one I have at the moment.
Any thoughts? It's pretty short, which I l...
Looking for opinions: how much positive cash flow should you make monthly off a rental property. To me $200 really isn't worth the hassle, but when you get up to around $300 that would make it worth it. My bottom l...
Hello BP,
I am in need of your infamous brilliance. I am currently going through a 1031 exchange and wanted to ask a few questions about 1031 to understand the scenarios better. Thank you for any help you can...
How Important is an Applicants Credit Score in Applying for One of Your Properties?
Okay so this is where I’m at. I’ve been looking for a few months now for my first flip, all the properties I found that had potential where scooped up quickly so when I see something that has sit on the market for a w...