So I met a newbie investor (let's call him Joe) through BP this week and went and looked at a property that Joe had just closed on. I was excited for Joe because hopefully, this will be first of his many, many propert...
Hi guys
About 2 weeks ago, I got my first HUD property under contract.
Numbers were good. There was nice spread HUD asking price and Purchsing price.
Everything looked fine, but I overlooked one thing: the OFFER PRIC...
First Post as well as first Deal. I am 25 and just obtained my real estate license. My strategy is to buy and hold properties in my area. My goal is 4 multi family properties for 2017, (however this first deal will be...
After just searching the forums I know that the 2% concession has been discussed and I now wish I had read those posts but I wanted to give a heads up again so someone doesnt go through what I just went through.This ...
I did not receive a call back from the seller or builder and I did not expect to. I did not call the seller to confirm if he spoke with the builder. I do not want him to think I'm a "stalker".
Since then I've made so...
If you could start all over what would you do differently as a landlord? We are in the process of getting our credit line approved so that my partner and I can purchase our first rental. We are looking to invest in th...
I moved to Atlanta in 2004, one of the things I planned to do was to become a landlord. Atlanta at the time lagged behind most of the rest of the country as a whole in RE prices and had seen only modest price incr...
Hello, I closed on a property today and looked at the HUD thinking I was over charged, but she seemed sure it was the assessments from counties etc that made it seem that way. Well, I called the county and she made ...
Hello BP Community, I've been out of the country and had a short sale purchase approved before I left. I've just gotten back and am ready to close. My realtor informed me that I had to have a survey that she ordered a...
What are some lessons y'all have learned from your rentals that you think nobody should make? Best things to put in your leases?