Aj Ulloa
My first investment property (SubTo)
Hi BP fam. I'm a newbie investor and recently closed on my first investment property and it was a SubTo creative financing deal. I have a few concerns re: insurance and hoping you all can give me some guidance here.Ti...
Tracy Humphreys
Issue with short sale...
A friend of mine is in some trouble.
He was involved in a scam situation. He was offered $10,000 to help someone out of foreclosure. Basically he put the property in his name for 6 months so that the owner doesn't ...
William Walker
Multifamily Value Add Project
Fellow RE Connoisseurs,In an effort to provide value, produce content, and give back, I am documenting a 4M Capital multifamily project from acquisition to stabilization. For those of you who are eager to learn and ge...
Coco Zuniga
Brandon's 100 day challenge??? I did it in 81........
March of this year I had a conversation with my Uncle that consisted of terms like "1030 exchange" and "gross rent" and other terms I had no clue what they meant. He sent me a few podcasts from this website I had nev...
Taylor Ernster
MERS and Foreclosures
Hey all,I am looking at a property that is going to the sheriff sale. I'm having a tough time evaluating the O & E report that was provided by the title company. Can anyone help me out with it? 1. Mortgage dated S...
Jacob Rzewnicki
Post contract inspections
Theoretically, lets say I get a house under contract with a stipulation saying I need to have inspections done before its closed. What are the most important inspections to have done and should I inspect every house t...
Robert D.
insurance again
when hiring a plumber or hvac guy or electrician I understand a need for them to carry insurance. I want a guy who is licensed, will warranty the work and carry insurance that will protect my property in case he...
Dennis Coley
Short Sale Specialists.....Please analyze
So I have been approached by a friend of mine that is in the real estate business. He wants me to help him figure out this issue that a couple of his clients has. We both want to help figure this out because it can ...
Paul Z.
How often to check on rental property?
Hi everyone.For a 15-year-old townhouse, how often should I go check its condition?Would you call and ask the tenant if there are maintenance items that need to be done?Cheers,Paul
Maxwell Emerson
Foreclosure deal analysis
I need help analyzing a deal and finding hidden costs that might come up on a potential deal. Here's the background:-House in pre-foreclosure, $42k past due, $300k remaining on loan, auction on November 22nd, house is...