Michael Stole
Is HUD-owned houses actually over-priced?
Taking into consideration the bad condition of the property and low-end neighborhood, I feel that HUD houses are actually over-priced. And compared to banks, HUD is harder to negotiate on price. It seems they won't ac...
Dave Stevens
advise on making a short sale offer
Hi guys, newbie here working on my first short sale. I just got a payoff figure form the lawyers, here is the break down:
Principal Balance: $ 325,243.93
Interest: $ 12,499.86
Late Charges: ...
Christopher Smith
California Draconian Rent Control Proposition 21
California will once again have on the November ballot a massively draconian and destabilizing rent control measure. The current measure PROP 21 is very similar to a previous measure that was soundly defeated in 2018....
Andrew Nissen
Would you do this flip?
Bank foreclosure listed for 90K
Needs about 45-50K rehab/clean up.
Comps 125K conservative
We would buy and rehab with cash but would take a good amount of time and work.
Should I offer the bank 45K?
It's been on...
Tim Oppelt
To be clear, Is paying a bird dog $500 for a closed property illegal?
I am a real estate wholesaler in Delaware and I advertise on craigslist: "Investor pays $500 per property lead that closes". So bird dogs bring me a bunch of leads, and if i wholesale one of those, i will pay them ...
Mike Nelson
Submitting offers on shortsales...is it REALLY this easy??
I was talking to a friend last and he was telling me how he submits a ton of offers on short sales, waits to meet with the BPO to explain his offer and then get it accepted by the bank. Is this really the case?
Alec McGinn
Diamond in the rough...
When it sounds too good to be true, it probably is. Hello everyone! I had an experience this week that was a great learning experience, but also a let down. My current market is hot to say the least (homes go on and o...
Robert Palladino
Prospective Tenant Screening Advice
Hello All, I am currently looking for a tenant to fill my first rental property. A little background; The property is located in a less-than desirable part of town, but the house is nice & clean.
I have one guy w...
La Nae Duchesneau
First Months Rent
I have someone who just rented a home from me and paid her first months rent but has changed her mind about moving in. (she has not paid the security deposit yet) She signed the lease 5 days ago but has yet to move in...
Craig Bowen
Buying from Fannie Mae
Ok folks. Newbie here. My niche is going to be Flipping, particularly because of my construction background. Few people in my area are doing full blown fix and flips!So, I have found a house that actually works wit...