Maggie Nickerson
Fannie Mae REO buyer guidelines
good morning fellow real estate investors and bigger pocket enthusiasts ! I'm looking at purchasing a Fannie Mae REO during their first look period, yes this will be my primary residence, this is also a historic r...
Michelle Bright
Fort Wayne Contractor Recommendation
Hey Fort Wayne. I have a quick contractor recommendation. Got a quote the other day for putting in a 5X5 area of subfloor, linoleum and replacing the toilet (I already have all the materials) for $1,600!! I though the...
Zoe Lee
Contract with water damage co still valid after denied coverage?
We had sewer water backed up into a multiplex a couple of weeks ago. Our PM sent a water damage company onsite to extract the standing water on emergency.Later the company called and asked me to sign a contract so the...
Anna Stairs
Help! Gone way over the budget of my first flip and still not fin
Help! Gone way over the budget of my first flip and still not finished! Mostly due to inexperience, purchasing a 100 year old house that probably should have just been torn down, crooked contractors and theft of depos...
Terry Drake
Am I biting off more then I think? Bathroom/Kitchen work
I got a phone call today from the park manager. She told me that a lady just signed her mobile home back to the park. She offered it to me for free with free lot rent until I sell it if I fix it up.
Turns out the h...
Danilo Dias
Was I smart to walk away?
Hello,
I just won a bid on a HUD Home.
Winning bid: $150K
Closing costs: $3.3K
Estimated in repairs: $50K (with margin)
Potential rent: $1,850
Potential resale price: $220K-$240K (at $230K, I'd make $211K after ...
Kenneth Butler
House Burned Down: HOA, Mortgage Lender, Owner at impasse
I recently found a burned down house in a very desirable neighborhood. The school district zoning is one of the best in the city as well. Here are the caveats...
I have been communicating with the owner. He wants to ...
Andy Mirza
Any Quiet Title Action stories out there?
I wrote a blog post recently on BP about a NPN with significant title issues. The NPN was a HELOC originated by a big bank in 2005. They never obtained or recorded reconveyances for the two loans (one from 1983 and on...
Jonathan Bowen
My reply has been seemingly deleted... Why?
I posted a reply to "Best car for real estate agent?" and it has been seemingly deleted by one of the moderators; the link I've included in this hyperlink is the exact link to my reply. The reply was a photo of my 201...
Carlos Appezatto
Toilet water damage/leakage
Hello BPs. Have a rookie question related to maintenance/incidents. Last week my tenant called me saying that the toilet malfunctioned and as a result it leaked water for 2 hours approximately and cause a big flood in...