Barshay Graves
Buying a $4k property in Philadelphia with Back Taxes
I'm going to look at a potential pick-up today. The details are $4k purchase price. However, I have done research and there are taxes due of $16,000. The area is rough but there is a commercial property downstairs and...
Curtis Bidwell
Tenant Training Workshop
I teach a Tenant Preparation Workshop at our local Community Youth Services office for kids-at-risk about once a quarter. It's a win/win because I lease 2 units to CYS that they fill and oversee and I get to train the...
Brandon Burger
new investor from chenoa illinois
hello everyone my father and I are new investors looking to start with single family or multi family. we have been doing tons of research and reading books we have also joined a local REI group. we are hitting a wall ...
Lekisha Cole
Wholesale Deal Trouble
I have a wholesale deal I'm trying to close but the seller is asking for a 2% deposit to hold the home. I don't have the 2% to give him and I never knew that I had to give the seller that much of a deposit for him to ...
Bruce Clark
Have a good property but I'm low on cash. Does this deal work?
Property purchase price is $100kTotal monthly Rent is $2,000After all expenses are paid, including management of $200 per month, the cash flow is $600 per month.I found this deal, but due to other pending deals, I do ...
Charletta Goodman
Is it better Better to buy and repair ?
I have 2 potential properties in the same area with same potential value. P1 for $40k will require $15k to repair and update..P2 $80k with $5k needed for repairs . Same seller is offering the properties.Is it better t...
Randy Dickerhoff
Questions for a mentor
Hello all.
I am still new to REI. I I've jumped in headfirst and and looking for my first deal. I read books and I spend time on BiggerPockets constantly. I have met many people outside of Bigger Pockets that are pot...
Brandon Becsi
Attracting investors for low income properties
I am trying to find ways of attracting and offering a win win deal for potential investors in low income rental properties that I am starting to purchase. Heres my basic business model: buy homes between 10k-30k and p...
Bruce Clark
trying my hand at a development deal - I have some questions!
I currently hold some residential rental properties, but I have come up with a potential development idea.In a small town near where I live, the state has released plans to construct a bridge crossing the Ohio River. ...
Daniel E.
NPN wants us to approve unaffordable pmt - while at end of FC
Have a borrower who has been fighting foreclosure for 12 months. Chapter 7, mediation, appealing denials, etc.Borrower has offered to pay $700/mo, which is 50% of thier income. We feel this is unaffordable, and will i...