Medriand Arnold
Closing at end of month, tenant pays on the first
Hello BP family,I closed on a duplex at the end of December. The home is fully occupied and the tenants were made aware that the home was being sold. One of the tenants has already paid for December, but the other one...
Emily Dixon
Question for other custom home 1 lot developers
An investor has called us eyeing a piece of land. The particular piece of land is very challenging.
The land is a very good deal. I told him if he wanted to buy the land and was able to hold it it would take me 6-8 m...
David Mills
Turnkey investment companies
Just learned about turnkey investment companies like Roofstock. I was curious if anyone has worked with them; Any horror stories or is it a legit way to invest? I ask because it sounds like it could be a good option...
Adam Cole
Investing in Pontiac Michigan
Hello fellow BP Members!I have been trying to find an area where property values are still low but the potential for future growth is constantly increasing. This resulted in me finding Pontiac, Mi. This area has seen ...
Simon Obas
Haven’t met my new tenants
Greetings. Just purchased my first Triplex and it came with tenants. I didn’t meet them during the home buying process. What’s the best way to introduce myself? Should I simply knock on their door? Should I write a l...
Summer Segeleon
Am I allowed to Demo a house without a contractor?
I understand that you need a demolition permit to demo a house, but once you have that, are you allowed to demo a house on your own with whatever hired help you deem fit, or are you forced to hire a contractor to ...
Account Closed
Title problems - your weirdest story
So here is my weird story. I buy and fix up a condo and put it on the market. I get a great offer from my first showing. I accept the offer subject to the buyer getting financing and I sit back and wait for the closin...
Dennis Nemitz
non-licensed, non-insured roofer
I have a guy who wants to do a roof job for me on the side. He works for a licensed roofer, but is not insured or licensed himself. Should I run away and why? By the way, it would save me about $2000.
Marshall Morris
Trust Deed Investing- Using a self directed 401k
We originate a lot of Trust deeds in CA, AZ, OR, and FL and sell them to investors at par.
I know it is possible for individuals to use a self directed 401k( I think that is what it is) to invest in these trust deed...
Vanessa Williams
Wholesaling Pitch
I would like to start wholesaling. What is a good pitch for the seller when you are ready to make an offer and get a house under contract? And how do I let the seller know that I would be selling the contract to anoth...