Calvin Royster
New Here -- Owner Financing Advice
Hey! I am new to BP and am looking to find creative ways to acquire properties to buy and hold. I had heard about owner financing and wanted some insight from the pros. What are the advantages and drawbacks of this? I...
William K.
Property Manager not collecting rent
I have a tenant that is on a payment plan. The PM has told me a few time they have paid and are on track. I find out today that they are more than 2 months behind now. I know I need to fire the PM, but I'm not sure...
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...
Yocheved Beer
seller backing out after assignment of contract
Hi all,I found a deal from a wholesaller and gave him a deposit of 20k. Now they say the seller has backed out, and they will give me back my money.Is there anything I can, like sue the seller?what are my rights as th...
Lorenz Cornelis
Key investment ratios and their relationship to one another
Hi All!
I am currently setting up my investment dashboard to track my portfolio's performance (buy-and-hold) but am also looking into better understanding the underlying dynamics between the various return metrics. M...
Nathan Emmert
Educate Me - Renting Furnished Rooms
So 16 hours over 2 days offsite led to a few interesting conversations recently, including a short conversation in renting furnished units to interns/co-ops. My company rotates through a lot of co-ops on a semester b...
Aidan King
This a good flipping plan ????
Steps1. Have financing in place2. Create relationships with agents/brokers who can give u lists and deals (forecloses, behind on mortgages, etc) (eviction records online)3. Create Craigslist ads4. Have signs in areas5...
Brandon Gale
Why would a lender hold and REO for over 2 years?
While looking at some potential flips in the Worcester, MA area, I've noticed a few REO properties that, according to records, the bank took up to, and in some cases more than, 2 years to finally list on the market. I...
Kris B.
RE agent commission
How do you handle RE agent commission while flipping? Do you pay while buying and selling again for buyer and seller agents? Is there a standard % for a sfr (if anyone is around DFW market) ?
Jon Klaus
Shared driveway agreement
I'm refinancing a home with a shared driveway, The bank requires a shared driveway agreement. Do you have a simple version I can edit? That you'd be willing to share?