Jacqui Dolan
Contractor payments - do they expect some upfront payment?
I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...
Eliot M.
Neighbor's house recently boarded up! Messing up my flip!
I closed on (bought) a flip a little over a month ago. At about the same exact time, the house right next door had every one of their windows and doors boarded up with plywood. As it turns out, the neighbor vacated ...
Tim Silvers
SHORT SALE FLIPS ILLEGAL NOW?
I am surprised no one else posted on this today! This is some scary stuff.
It seems that non-disclosure to the respective lenders in short sales flips has already gotten the feds involved - and some investors will be...
Account Closed
Dug Myself Into a Hole
Houston, TX. I decided to jump in and buy a house and now I feel like I have backed myself into a corner. I bought a single family house with a detached apartment for $250,000. I'm living in the apartment and renting ...
John Pruner
Deal gone bad, need advice please
Hi,I came into contact with an Atlanta rehab/investor named Andy on BP in Feb or Mar of this year (2014). He had a house for sale in Altanta that needed some major rehab work (about $15k). The house was not in a great...
Anne W.
High Maintenance Tenant - Looking for your input
Hello all, I am looking for your input on managing this tenant. He is very high maintenance and I am at my limit. I am not perfect, so maybe it's me... Regardless, please feel free to share your constructive feedback....
Kurt Charles
RE wholesaling in Florida is highly illegal?
Hello all. After many hours/weeks of research and communication with members on BP, I decided to go ahead and get my RE license for different reasons that will aid my personal goals in RE investing. I was considering ...
Shera Gregory
PIP Group / PIP East / PIP West
I mentioned in a separate post over a year ago that I had bought some tax liens through PIP East and was hopeful on the prospect of obtaining a property that way. My experience was an example of "be careful what you w...
Lisa Monroe
Making Offers on REOs
Good Afternoon Everyone,
I recently tried to submit an offer on an Orlando foreclosure. My offer was $50K and the listing price was $75K. It had been on the market for 65 days. It needed work and it was at market va...
CJ M.
Gutsiest thing you did starting out in REI?
What was the "gutsiest" thing you did to finally take the plunge into REI? For me, I unexpectedly lost my job last year and decided to go all-in by investing over 100% of my savings into my first BRRRR. The purchase w...