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I had tenants move out while past due on rent (1.5 months). I mailed the "official letter" to their new address saying the SD would be kept and that they still owe additional money, but I've received no response (the...
This site is a great resource. Most of the sales pitches people here from 'professionals' via the telephone for mentorships or apprenticeships haven't the credibility that calling your own real estate agent, or banke...
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We have a property we are looking to buy but traditional residential loans will not be an option as my husband is self employed and they will not consider his income. We are exploring the idea of doing a commercial l...
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Hello, BP Community!I reached agreement with a seller to buy their 12 unit building at a very good price, but the property is located in an area where I'm required to have windstorm insurance because it's location clo...
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Stock markets down 10% in the two days following the election. Just a continuation of the previous correction, or a market reaction to an Obama administration?
:cool:
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We are in the process of searching for our first deal. (Looking for SFH or duplex for under $100k, with under $30k in rehab needs)
We plan to take out a HELOC for the down payment and initial rehab costs. Would love ...
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Perhaps I have been lucky to avoid this on the first handful of properties but I recently had my first dispute with a contractor. I received a bill for much more than we agreed to. I called several times to try to s...
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Ok, I know my limitations and as a first venture into RE investing, this isn't anything that I could do; however, I know of at least 3-4 investors that could potentially be interested in this; however, there is a trem...
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Hey all, I thought I'd seek the advice of people much smarter than me regarding this potential scenario...I recently came across a property in an up-and-coming area, where the current owner is a mentally handicapped o...
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Hey everyone, I'm on my 2nd sandwich lease option deal and I'm trying to figure out if I can set the option purchase price above it's current appraisal value because of the option consideration fee they're paying m...