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What is an REO? I am learning the real estate terminology. Thanks for the help!
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I'm trying for the very 1st time to wholesale a REO house. I submitted an offer with a real estate agent who showed me the property. Within an hour of my hand-delivered Letter of Intent that I gave her, she called me ...
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Hi there BP community! Good to be here. I've started investing in real estate in the US market (currently in Detroit, MI). I've lived outside the US for about a decade now. I'm trying to figure out how do I handle my ...
My half of the partnership is the work on flipping properties. A year in, we just closed on the third property. This property is going to need a permit for demo and structural work. Does anyone know what type of insur...
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Hey guys,Just thought I'd add some interesting observations from being in the real estate business for 5 years and seeing over 500 transactions. "Boots on the Ground"Why is it so important to have people that you know...
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I just purchased my second rental house and I am getting it ready for my new tenant to move in. I am doing the standard (fixing up the inside (painting, minor repairs, etc now). I plan on keeping this house for at l...
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Hello, Any advice on the below situation!? I currently have a duplex situation involving one family on one side and another family on the other side. Tenant A has notified me about knocking noises occurring after 10p...
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https://www.youtube.com/watch?v=3nFj_k6R8G0What's your state/local government's laws on disclosure of it?http://mentalfloss.com/article/29123/4-br-2-ba-1-ghost-what-law-says-about-selling-haunted-housesMost U.S. state...
Hi all,I am looking into quit-claiming my southern California property to my Grandfather's family trust and had a couple questions on any tax situations that might occur. There is $192k left on the mortgage, which wou...
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After moving out, I knew I was responsible for some damages my teenaged daughter had done,and at the time I called the police when the damages occurred AND also let the landlord know that they had happened and I would...