Bryan Stocklas
Seller suing me for backing out
Hi guys, I recently went to buy a rental property and after inspections were done the house only had a 60amp panel which means I can not get homeowners insurance for it. Since I can’t get homeowners insurance I can’t ...
Benjamin Cowles
Why does it matter if a preforeclosure is "under water"?
When qualifying a property, why does it matter how much it is under water if the bank will still only be able to get the highest bid at auction? Isn't the bank just as likely to accept a short sale vs going through a ...
Brandon Dubisky
203k advice for a 1st time investor
I'm looking for advice to acquire a 203k loan on my first investment property. I know I have to live in it and that is my plan, but how long do you have to live in it before you can sell? Any recommendations for 203k ...
Andri Artayudianto
Who hires a title company? The buyer or the seller?
Hi again BP. Another newbee post here about a typical home buying process.Who hires a title company for closing? The buyer or the seller? is it safe to use the seller's title company to close if I'm buying a houseHow ...
Mark Updegraff
foreclosure acquisition questions - please help :D
I'm getting ready to jump into the foreclosure market. I've got a couple questions before taking the plunge. I've gone to a few to see how they work, so I'm comfortable there, and I've spoken with my attorney regard...
Emory Crawford
Non Performing Note Investing
Does anybody know why fix and flip investors don't just purchase the non performing notes on properties and flip them from before the auction? Don't know if I'm making sense, but I figured I'd ask...
Sara W.
Tenants destroyed the apartment, what remedy can a landlord get?
Hi for all the landlord out there, I recently just had a tenant moved out because their lease is up and we no longer wanted to lease the apartment to them. When I inspected the apartment it is in a very bad shape - ca...
Wesley Kuo
Dilemma Choosing Tenants For My First Rental Property
Greetings BP family,I have a duplex in Whittier, California. Both units are identical: they are each 3b1b, 1,035 sqft, and single car garage with street parking.Currently I have 3 groups of tenants who I'd like to ren...
Mark S.
Targeted Occupancy for Multi-Family Syndication
What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...
Josh Obregon
New to BP - Poulsbo, WA
I just joined BP. I'm living in Poulsbo, WA. Like many people I hear in the BP podcast and other real estate podcasts for that matter, I was introduced to the idea of real estate through "Rich Dad, Poor Dad." So I too...