Zico George
New member from Lowell MA
Hi BP members, Newbie here looking to get into buying REO for flip and hold. Have read lots of discussion and really appreciate all the honest people out here helping each other out. My first question i'll like to ask...
Account Closed
Pocket Listing Referral Fee?
I have been reading tons of articles and came across one addressing how to compensate a Realtor for a pocket listing, but of course I can't find it now. I believe there is a document called a ".....Buying Agreement" ...
Matthew Harper
Florida Law: Different App Fees For Non Citizens
I own two properties with an HOA which has an application fee of $50 paid for by the tenant specifically designated in the signed app as an application fee (not background check fee). Can they charge non citizens $200...
A Xiong
Hard Money to Mortgages???
Hi everyone I have a situation hopefully someone can help.
I found a 4-plex for sale, and I will be using a hard money lender(HML) to finance the property. The HML will pay for the purchase and the renovation if th...
Monique Bright
Creative financing or JV
Hello all I am a property manager and have been for the last 15 years. I am looking to purchase my first investment property. As a single parent I chose to purchase a family home first. So my savings is pretty much...
Justin Reyes
Would you liquidate your 401k to purchase your first property?
Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
Christina Hennessy
1031 Exchanges have you heard of this?
Equity Advantage 1031 Exchange? I am planning to sell me 3 family and do an exchange for an STR in Florida. Any better suggestions on who to contact for this?
Hisashi N.
Can I recover unpaid rent from my tenant who filed bankruptcy ?
Hello,one of our tenants had filed a bankruptcy (Chapter 13) and left our rental home with unpaid rent of approx $3K. I went to the Creditor's meeting held at US bankruptcy court in Atlanta, GA. But the tenant did no...
Rhyetta Musser
Doesn't work out as a BRRRR but it cash flows GREAT!
I'm super excited to have found a property that might be my first real estate investment! (I have owned a duplex before but it never cash flowed for us). Here are the details. If you have any input, I'd love to hear i...
Isaac Lane
1031 Exchange Process
Hi All,I'm looking to do my first 1031 exchange and want to see if someone could explain the process of executing it and what the typical cost is? Thanks!