Diane Kruse
Have you ever Inherited bad leases
I am looking to purchase a 4-plex and asked to see the leases. At best the current owner is very sloppy, or worse he is trying to pull something because the rents are higher than average for the area. Each lease has...
Christopher Labonte
Unique finance issues with flipping
Happy Sunday All,
I will try to distill the mess I find myself in to just the pertinent facts:
I bought my first flip in January. It was suppose to take no more then 3 months, and 50k to repair. I am now at 6+ mon...
Blaine Cox
Can someone “dumb down” this hard money scenario??
Newbie here looking at a great property but haven’t really caught on to how hard money really works. I get it’s a higher interest rate as well as 2-4 points but if I give an example of a property I’m looking at can so...
Steven Skinner
Owner-Financing: Seller Carryback vs. Land Contract
So...I've been reading way, waaaay too much about the subject of owner-financing within too short of a time-frame over the past few days. All of the facts and technicalities are starting to run together in my head. Yo...
Eddie Ziv
Do you provide internet to your tenants?
These days almost everywhere in the country, rental properties (Especially MFR) are in fierce competition. Slashing monthly rent, offering 1st month free and other incentive becoming more and more frequent. One of the...
Fred Lopez
How to handle Subject To's
What are some of the typical things to overcome when acquiring a property Subject To the existing mortgage? I know a big one is the sellers concern that the mortgage will stay in their name which basically "puts them ...
Nicole R.
Defendants Filing Bankruptcy to Stall Sheriff Sale Confirmation
Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
Dan Barman
Advice on buying / rehabing an older rental (1900)
Looking at purchasing my 1st rental property and interested in advice from anyone with experience rehabbing older homes. It's a single family 3/4 BR, 2 BA in a hot area of NY's Hudson Valley, built in 1900. Looks good...
Tyler Nemmers
Complete Rehab and Addition
Hello. First timer on the Forums here and I wanted to reach out for some advice
A little about me: I live in Madison, WI. I just finished my second live-in-flip. I did almost all the work for both flips myself, with ...
Andre' Arceneaux
Roof Replacement (Bait & Switch?)
I recently entered into a contract with a roofer through my PM company and I have some concerns. I have yet to receive the contract (received the estimate) for which Ij paid half ($4500) to start the job, though I hav...