India Brown
Flipping and Rehabbing
I would like buy a house for cheap, fix it up and little and sell it. However, I dont know much about fixing up homes.. i know it’s best for me to hire people that are good with that.. anybody started out this way as ...
Tien Nguyen
Do I Need A Attorney?
Hello, I have a newbie question. I still have not had my first rental property yet, but I am thinking about buying off market deals. Since I will not have a real estate agent representing me, do I need an attorney to ...
Kim H.
Would you walk away from a property with a bad past?
The property I am currently doing due diligence on had a gas explosion a year ago. The particular structure involved is no longer on the property and the explosion was caused by a company digging in a nearby loca...
Jeremy Gervasini
Flipping to gain capital for buy & hold
Hi BP,
I was really considering doing an FHA loan on a MFH, occupying one unit and leasing out the other. But the problem is, homes in my price range are in bad areas and most of them are in pretty rough shap...
Carl L DeCesare
What would you do with 100K?
I did the house hack thing, bought a double unit which I lived in the lower unit and rented the upper (which i'd recommend for anyone to do). I recently moved do Raleigh, NC leaving the investment property, now fully...
Linda Govan
Just curious of my wholesale deal?
Hello BP members, I have a property that came my way via my yellow letter campaign I ran 2 months ago. Its a total gut rehab project. There is no mortgage and the owner doesn't want a dime. Problem is I just found o...
Jerry N.
tenant death
Anyone ever have a tenant die on them with no heirs or with no heirs who want to do anything about it? Happened in Cook County, IL. The local police and a state representative were at one point involved but no more....
Joe Assad
Why Having the Right Rehab Insurance is Key for Your Clients
For the seasoned residential real estate investor, the “fix-and-flip” or rehab market is the most resilient sector of the real estate game. It’s also a great place for the not-so-seasoned investor to start, as it come...
Mark Beekman
This condo is a S***hole -- Literally!
I went to see an REO condo today and ALL of the carpets are wet, ALL of the walls have mold on them about two feet up from the floor, and there are sewer flies EVERYWHERE! And, yes, poop. Lots and lots of poop.The con...
Mat Deveaney
Theoretical Flipping Discussion
Just trying to start a little discussion here:
Do you think it is possible to theoretically flip any distressed house in someway and at least break even?
I always hear that you can lose money on a flip very easily ...