Jacob Chaney
Complete Rehab in DC: How many bids should I get
Hello All,
I'm closing on a 6 unit apartment building on Capitol Hill by Dec 6. and two of the upper two units have been gutted down to their walls. These will need complete rehab and renovation.
This ...
Eric Sender
Finding my First Deal
Hi Everyone,I am a San Diego CA, white-collar worker (not in the real estate industry) and have not bought any property yet. The San Diego market is so expensive, I pretty much terrifies me. This could be due to me ha...
Cindy McHugh
Force Placed Insurance Questions
I sold/financed a house in NC in 2011. The buyers never made a payment on time and when they got several payments behind, my attorney sent them a foreclosure notice. They filed for ch 13 bankruptcy.
The DOT states t...
Francesco Barbati
$120k cash borrowed, now what?
I borrowed $120k from a family member to buy a primary residence for me and my family (I will pay him back $1k/m for the next 10 years, starting next month, or refinance if needed).Last night I was talking to my wife,...
Naveen Kumar
Cashflow analysis stumping me
I have been crunching numbers on a lot of properties and so-called-deals and not sure if I am missing something, or just not seeing it.Purchase Price - 100,000Loan Amount - 80,000 (@5%, 30-yr fixed conventional)Rents ...
Erin Dixon
Small Family, Big World
Sawatdii-kha (Hello)!!
We're a couple of young parents with three small boys and one full-time job. We've saved up a bit and have decided to explore the massive world of REI. We currently live in Thailand, ...
Jennifer T.
Should I buy a good deal w/ 2 non-paying tenants/squatters?
Hi,
I found this off-market deal in Philly and was wondering whether it's worth it to proceed. I feel like I must be crazy because nowadays everyone is dying to evict their non-paying tenants out but I'm looking to v...
Ryan Tessier
Tenant refuses to pay rent online
So I have a tenant in a multi family building who insists I come and pick up her money order in person every month. The problem being that the property is a 40 minute drive each way from where I live and every other t...
William Merone
Money Order Lost in the mail
Hey BP,
Just wondering if anyone has come across the issue of a tenant paying with a money order and claimed they mailed it out. It has been two weeks since they mailed it out and we still did not receive the money ...
Matta Nguyen
How to manage 4 Flex 1h45 mins away without property manager?
Hi.So a little bit about my situation. I'm a 26 year old female that have full-time job and have been very interested in real estate. Right now I have the option to put in offer for either a Condo in Capitol Hill Seat...