I would like to provide a friendly warning for all realtors and investors in Nashville reading these forums. This is a red alert against buying any new construction homes by builder Jay Ellis of Airtight Resources. I ...
Hello!I was pretty excited about "turnkey investments" and what have you, at first.I looked at a couple of markets, the only market that made sense to me was DFW. I'll explain my rationale:1. Since I am borrowing 80%,...
After screening prospective tenants and making a selection, am I obligated to let the applicants who did NOT get approved know why they didn't make it? Not sure if it's best to "say nothing"....be vague....or tell th...
Hey folks, I'm interested in opinions - pros/cons on this strategy of new construction for STR income. I am in my DD period with a contract on the lot for $89k. Here's my projected numbers on the deal: My income/expe...
Help Help Help!!! We are first-time homebuyers in NC and are going through a very tough situation.
We recently went into a contract and are currently under the due diligence period. We found that the Seller agent men...
I have a 3 bedroom rental that has max occupancy of 6 people. I am renting it starting Dec 1 for $850 to a husband/wife. They came looking at it with her mother and we think they are going to eventually ask to move...
Hello all,
I have NOT yet talked to an attorney, however I have talked to the bank that holds our Mortgage and Equity loan about this situation.
Due to a job loss and my havi...
I'm currently looking to buy and flip homes.I just got off with a home owner who is facing forclosure and under distress. The home is estimated to be worth $225k and they owe $92k on the loan. The home went up for a...
I am a newbie landlord with my first tenants who moved in last week.Today I get an email asking for a list of items to be fixed (from ceiling fan to water heater to hinges on the door). They are asking if they can get...
Hello BP World,I am buying my second property which actually is a duplex. (Congrats). Thank you. I have a separate bank account for my first rental because I am taking the advice from Brandon's book on growing your...