I've had the idea for about 6 years to start flipping houses, with the goal of owning a couple of rental properties. Two years ago I actually quit my job and moved somewhere that had a good market (at the time) and t...

Hello BP community,

I am Glen Hotnit, operating manager of Fresh Start Homes in Overland Park, KS.

I am knowledgeable about section 8 and other FHA/HUD programs so if you have any questions about th...

I am trying to buy a HUD property (first time )

I understand obvious fees like state government fees,

but, on a Cash offer , what other fees might I get hit with

Massachusetts

question

The closing person, who pay...

Yesterday, a young lady told me her brother needs to sell his house as he's moving to Seattle. Besides the house deal, I told her that we have some folks here from that area.

I then began asking myself why in...

What are the risks / potential liabilities if we operated an LLC for rental properties but used a checking account strictly for business purposes in our personal names?  We would obviously not use this account for any...

I've recently started a quest to buy at the foreclosure auctions.
I read in the rules that the plaintiff (the bank) can bid up to the final judgement order as their maximum bid.
On most auctions the final judgement or...

I can't tell you how many horror stories I've heard from folks about their GCs totally messing up their investment properties in one of a variety of ways. We allow our borrowers to choose their GC but prefer that they...

Hey, I’m a new investor. My first deal was a duplex (living on the first floor, renting out the second) through FHA and the time required as my primary residence is coming to a close. I now am at a cross road, I have ...

Starting to analyze more rental properties in my (very expensive) town. I've been looking at this property. Am I missing any obvious expenses? Is cash flow calculated after tax?
And lastly, is this a terrible deal?
...

Hello My Friends,I am in the process of developing my first lease. I am trying to make it as bullet proof as possible. I have a lot of the standard stuff you would typically have in a lease agreement. My question to y...