Nicholas Jose
Need help rejecting this tenant in NJ
Good morning, BP.I am in the process of writing a rejection letter for an applicant here in NJ who is unwilling to disclose his financial history. I ran a background check before on another applicant and she submitted...
Anthony Kondor
How to alk to homeowners in preforeclosures
Hi my name is Anthony Kondor I am a residential re-developer and Investor and I want to start talking to homeowners that are in pre foreclosure. I have phone numbers of homeowners who are in pre-foreclosure and I w...
Wave Taylor
Setting up an LLC for Multi family properties
Is it a good idea to hold my properties in an LLC? Should I set up a seperate one for each property that I purchase?
Jay Hinrichs
how to handle multi offer situation when you really want it
I posted earlier this week about a lot that came up in Charleston.. my realtor ( who is awesome) e mails me at a little at 10pm her time.. new lot on a little street I have already built two homes on and have been wil...
Alex Martin
Seller went MIA, how to proceed?
I currently have 2 4-plexes under contract. My financing will not be finished until after our scheduled closing date so I went ahead and lined up a hard money lender just in case. Before I finalize with the hard money...
Reed Mollins
Mistake lease with $0/mo , can i get my tenant to pay?
so, i use an e-payment system, and last summer it generated a $0 lease and sent it to the tenant. That was dumb. But what was worse is that when it came back to my office, my person signed it too! but i'm not done. Af...
Calus Glispie
Deal turned down bc of my “$1” earnest money..
So one of my deals I’m working on took me a while to get in contact with the owner but after following up we spoke and agreed on a price. i emailed him the contract and he said he didn’t like the dollar amount for the...
Paul K. McCoy
Courthouse sale has gone wrong, possibly !?
Hello to all BP members!
So... I have been following a home for quite some time on Auction.com that was due to be auctioned off at the court house.
I showed up for the auction with my check book ready to buy. I wa...
Ellen Morrison
Am I being ripped off with Closing Costs?
Hi guys! My partner and I have been sending out direct mail for the past 3 months and we've finally found a deal (SFH). Comps are at $80k, seller wanted $60k and after negotiations we got the property under contract f...
Account Closed
Foreclosures are coming back
U.S. Foreclosure Activity Continues to Increase Despite Government Moratorium
Highest foreclosure rates in Delaware, Illinois, and Florida
Nationwide one in every 4,078 housing units had a foreclosure filing in Q1 2...