Sebastian Marroquin
Sell to buy appreciation or to buy cash flow? what do you think?
I'm curious to know what you think? We have a rental condo collecting very little cash flow ($200 per month). The reason why we kept it, was bc it used to be our primary home and we can sell it until the end of 2023 a...
Adam Bearup
More properties in cheap markets or fewer in expensive markets?
Better to own one property in an expensive market like Denver, or several properties in a cheaper market like Jacksonville? ......Assuming the investment and ROI are the same.
Scott K.
With apologies, another "What should I do?" post (but with a few twists)
Hello to the community. I know there are at least 100 threads on this great site that deal with “getting started,” and assure you that I have tried to digest as much as possible before resorting to another “help...
Ravi Chhabra
Is it time to jump ship?
Hi BP Community - I purchased my first rental property in Frankford Philadelphia back in March 2021. I was hoping for it to be the first of many in the Philadelphia area. I wanted to use this property as a way to lear...
Nick Brubaker
How important is it for your GC to be licensed and insured?
Today is my last day of due diligence on my first flip property. My real estate agent referred me to an experienced GC. I like him and am confident he is reliable enough and would do good work, but I found out today...
Arjun S.
Rent to Retirement experience
Hello BP!
Here is my frank 2 cents! I recently closed on my 1st out of state property and in the currently in the process of closing on a 2nd one after learning about turnkey rentals and coming across rent to retirem...
Phil LeNeveu
Critique my Strategy - Be Harsh
Hi Everyone - long time lurker and researcher here on BP which by the way is one of the most useful sites you can possibly use to better your REI goals.So i have spent the last 9 to 12 months researching and learning,...
Mehran K.
Previous Owner Not Vacating After Shortsale. Legal Options?
Situation: I've got this deal I'm working on where a shortsale was initiated by the current owner. The sales price ($37,000) was approved by the lender and we made an offer for $35,000 that was accepted. I got the...
Dean Attali
Dealing with a very expensive demanding new tenant - suggestions?
Hi BPI'm a new landlord after purchasing my first SFH in September, and my property manager placed a tenant in the house starting November 1. In the 7-8 weeks that the tenant has been there, there hasn't been a single...
Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...