Ruben Torres
Deal FLOW
Hi, I'm just starting out and I've received two phone calls but I didn't know how to handle them so I eventually lost the trust in the sellers and it seems they've moved on to another investor. I've contacted some loc...
Rob Young
Survivorship Deed for Seller-Financed Property
I purchased two rental properties from a 74 year-old seller by assuming his existing bank financing. The title is still in his name for both properties; I am simply paying the bank on his behalf. My contract with the ...
Heath Reid
Good, safe rental areas in Birmingham, AL
I am planning to move home to the Birmingham area soon and invest in a few rental properties there. I am looking for some advice on a profitable, safe area that brings good rental income and doesn’t include bullet hol...
B Cory
The Investor Proof Short Sale Approval
As most of you may know, Wachovia (A part of the Wells Fargo Company) has come out with a new Short Sale Approval letter stopping investors from buying the property, and marketing for a end buyer or putting a end buye...
Joseph Montes
Is it worth going after tenants in small claims court?
Hello BP community,
In January, I made a post (http://goo.gl/B42l3t) detailing the woes I’d encountered while trying to wrangle payments from the two tenants in my 3BR SFH in Lansing, MI. It’s March now and, ...
David Toupin
New Investor Looking To Invest In Commercial RE
Hi BP community!I am an aspiring investor in the Metro Detroit area (Royal Oak, specifically) and I am really looking to get into commercial real estate. I understand that the more traditional route is to purchase re...
Nancy Wang
Best way to let contractor access funds to buy supplies
Hi smart flippers,When you have a project going on and your contractor needs constantly buy supplies from HomeDepot, and you cannot accompany him to the store each time, how do you handle the situations? I heard you c...
Rob K.
Landlord pays heat - lock the thermostat?
I looked at a sixteen unit multi family today. It consists of two buildings. There are a total of three gas boilers for heat. The landlord pays heat and water, but each apartment has it's own electric meter and then t...
Chris Masons
asbestos removal on steam mains
Hi guys,
Has anyone dealt with removal of asbestos on steam piping mains?
I know these abatement companies charge a small fortunate to properly abate it so I Was wondering how you deal with these situations (if you ...
Shannon X.
do you find buyer while rehabbing?
or do you wait until it's almost completed to begin looking for a buyer?