I recently purchased a condo all-cash at auction that I am rehabbing and plan to re-sell upon completion in a couple of weeks. However I made a pretty dumb mistake buying in a community that is 80% investor-owned rent...
Hello BP! Short time reader first time poster. Facts: List REO price $88,900. Cash or conventional. Listed for 65 days (I know it's longer but listing was allowed to expire and then was relisted). Reduced $5,000...
Hey guys, I was looking at a few SFR properties in the zip codes of 38108, 38105, and 38111. They are all rented for about $700 and are being offered at about $25k each with deferred maintenance/minor rehab. Does an...
Forgive me if this has been asked already, I couldn’t find a similar thread in this forum. Im considering a strategy that includes approaching homeowners who are listed on the tax deed and mortgage foreclosure auction...
Hey BP I have a private money lender contact me from a post I put on Craigslist we she wants to fund my deal that she has no info about @ a 5% interest rate for 70,000 the repayment plan starts starts 6 months after ...
Hey guys! I'm new here, just trying to learn.I've heard some people recommend getting a 15-year mortgage because it drastically cuts the amount you'll pay in interest. (This is always advice given in relation to a p...
In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
Hey BP folks, looking for a situation opinion here. First time this has happened to me.I solely utilize buildium's e-pay service for rent collection and for the fisrt time had an "echeck" reversed for NSF. The tenant ...
Could be a contentious position BUT, there is NO reason to get your real estate license or be a realtor if you're not going to be selling real estate! Prove me wrong if you disagree!
There are just too many other ave...
I am interested to know if most seasoned rehabbers out there require a Contractor you wish to contract to provide their General Contractor's license information and federal tax ID as part of the contract? The reason ...