Daniel Harnsberger
Insurance Claim on Subject To-Financed Property
Two days ago I got a call about a rental property I own Subject To the existing mortgage. Apparently someone tried to rip the HVAC units out for copper, but were caught in the act. However, the units are very badly ...
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
Kyle Kline
First Flip in the books!
Investment Info:
Single-family residence fix & flip investment in Southern Pines.
Purchase price: $155,000
Cash invested: $85,000
Sale price: $335,000
ABOUT THE DEAL: This was the first flip ...
Anthony Gayden
A Big Pyramid Scheme?
Does real estate investing ever seem like a giant pyramid scheme to anyone else? The way loans, lending, payments, and everything works almost seems like a pyramid scheme. Throw in syndications and private money and y...
Jeremy Tillotson
A Horror Story/ Turned Ok Thanks to BP
BP has been great to me. To start I am a contractor and a investor. I started off this year by entering into a JV deal to purchase a home at a great price. The home needed work but 5-8k was all. Before everyone includ...
Carson Wilcox
What would you do? SFR owned outright, hot market, low taxes....
OK people.... I would like to lay out a scenario, and see you guys flex your BP muscles and show me the way. Hopefully this makes sense... if not, let me know.The scenario. Sacramento. Grandma's house, may she RIP. ...
Account Closed
$9k for closing costs??? Lender / Broker Questions
So I'm going through escrow right now and realized I'm pretty sure I'm overpaying for the closing costs. I'm being charged $9,071 and through research, it says that it's usually $3.5-7.5k. The house was $90k. Is this ...
Rigo V.
what flooring do you use for your rentals?
What flooring do you use for your lower cost rentals? Looking for something great for ROI that will last and wont cost a ton
Lewis Thompson
Affordable bathroom remodel
Hi BP Family, I am relatively new to RE investing and I was wondering if anyone has any advice on having a subcontractor affordably remodel a bathroom? I want to get more involved with fix and flips as I renovated a p...
Robert Orth
How To Structure this Deal
I've got a del I need help structuring. There's a seller who bought a house owner-financed and is now being foreclosed on 2 months later due to some issues and not doing proper due-diligence. I'm planning on buying a ...