Adam Avinger
Electrical is about to kill me... Really need some advice.
Okay so my wife and I are flipping our very first property. We got a older craftsman style home in a very desirable neighborhood, filled with homes like this one. The issue is that its basically all 2 prong electrical...
Bryce Reeks
absentee owner in foreclosure!!
Hello all!
I have received my first potential lead through direct mail.
I have been in touch with an absentee owner who's property is in foreclosure.
She purchased the property in 1999 for $54k, so there should be ...
Pat M
Has anyone had any luck finding out who the investor is on a CHASE loan?
Ive called customer service and they repeatedly tell me they cant tell me.
Also- The rep told me when getting BPOs back they use a RMV (reconciled market value) and BPO value and it depends on the investor as to wh...
Scott Braun
Bank wont allow me to fix $20 repair to close. Suggestions?
I'm about 10 days away from closing on a property purchased off hubzu. The appraisal came back today and due to safety concerns there are two items that need repairs. Both are very easy fixes: vinyl floor is peeling u...
Bob Jones
Looking for help understanding a tax strategy from a book.
I recently read a book called Building Wealth One House at a Time by John Schaub. It recommends a tax strategy that I don't fully understand. I'm hoping someone can explain it to me. According to the author:"If you ha...
Sarah D.
Loud tenant, no neighbor complaints
What would you do in this situation? We are house hacking a 4 plex and have one tenant who once a week or so plays music loudly, with (I assume) a subwoofer. They are on the top floor of a duplex, so they share a ce...
Mitchell Benson
REO, Getting on the Account, Assume the last mortgage?
To get straight to the point. There is a home down the street listed on HUBZU. I"m the winning bidder for 5 straight weeks. They lower the price about 6-8% per week. Just 2 more weeks or so and it would have been a gr...
Sammie J. Bell
Property Assessment Value vs. Listing Price
I am currently researching a triplex to decide how much I should offer. The property is listed at $155,000. I did looked on the tax assessor site and saw that total value for this property (building and land) is about...
Edward Suess-Hassman
What other Books / Resources should I review before my first REI?
Hello all,I have read "How to Invest in Real Estate: The Ultimate Beginner's guide to getting started" and just finished "Buy, Rehab, Rent, Refinance, Repeat". Is there another book i should read, or another resource...
Nicholas R Paust
Rental calculator VS learning your market with a spreadsheet
I'm just wondering from seasoned investors on what's your go to method for analyzing a property. I'm currently looking for my second property and feel maybe I just got lucky on my first property since I didn't run an...