Looking for some tips and general advisement, especially on risks and holes in my plan.
I am a realtor who wants to form an LLC with various investors whom I have not found yet. Purpose is to buy old proper...
Hi everyone,I have a tenant is a great tenant. Pays on time, is kind, keeps the home very tidy, and doesn't complain a lot or break things. Recently my tenant informed me they have been prescribed a service animal for...
Hello there, I'm a fairly new investor and have questions about using subject-to financing for a primary residence. I currently live in a two-story home in North Dallas and recently saw a sign come up in my neighborho...
NMAR (Northwest Montana Association of realtors) The title company told me this morning that the head of NMAR just sent out a memo (haven't seen it since it is confidential????) declaring SS double closings illegal!...
I realize a whole bunch of variables are involved here (location, experience, market, etc.) but I was wondering what kind of success rate numbers you folks are finding with bandit signs? As an example, a colleague of ...
When I was in college, I took an economics course. While I only got a “C” in the class, one thing I did takeaway was the concept of “Supply and Demand”. In my 25 years of investing in distressed second mortgages, I...
Before I start paying my attorney, I would like to hear suggestions from BP members. I'm working with an owner open to seller financing with a 3-year balloon. The details are as follows:Purchase price $385,000. It ...
Experienced landlords and property managers, I need your advice and opinions. If you had to prospect tenants to pick from, which would you pick?Applicant 1: has an eviction from 2 years ago, with a writeoff of nearly...
Hello all,
This foreclosure came on market 3-4 days ago. It's listed at $35,000. It's a duplex and both units are rented out at $500 (2/1) and $600 (3/1). The tenants pay their own utilities. The owner is only respon...
I’m currently looking at closing on a house hack in the next couple of weeks in PA. I’m an aircraft mechanic for a major airline and if there is no bailout I will be laid off. Good news is my old job called me and ask...