a friend of mine was telling me about another friend's real estate "strategy". sounds fishy to me, so i was hoping to get others' opinions.basically, he says the guy does the following:1) finds distressed property2) ...
Hi BP team. Long time reader, 1st time lawsuit-facer. In a nutshell, I have an LLC and have completed several sucessful foreclosure purchases and resales in Franklin County OH. The last one entered a purgatory of lega...
I've had my eye on a certain property for a few months now, I would have to raise a little rents that are current, but ultimately I should get around 45% cash on cash return. The assessed value is around 125,000 for a...
So… my inexperience definitely shows here. I had a tenant, let’s call him joe, move out on 8/24/21. At the time he scheduled inspection he was supposed to have everything out of the apartment and he did not. The inspe...
In my area there are multiple single family houses that have 3+ bedrooms and living area enough for a multiple individuals but would be a smaller market for a single family (I.e. the family would either need to be fai...
I’ve purchased Properties from the IRS for the last 3 years and have held them to use on Airbnb - which has been extremely profitable - however, I’ve found another property I’d like to buy. I’m in the middle of doing ...
Good morning!
Our tenants have asked us to get HVAC service, as according to them the system is not as efficient.
For context: this is a single family home we are renting out in CA while living in a different state....
I'm sure this may have been covered in the past but when I did my search I came up empty (probably using the wrong terms). My situation is as follows, throughout the years of being in REI I've acquired a few private l...
This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:
1. The seller has a...
Hi everybody,
House valued at 420K, going to be auctioned on 7/15. Starting bid 81.5K, yeah! A heck of a deal.
I feel i should go talk to the owner and try to get this house before auction day. I have no experience ...