Sumpter Smartt
HUD Foreclosure -- Pool Cover Removal?
I'm attempting to purchase a HUD foreclosure (as an OO) and it's got a nice sized a pool in the back. It's been winterized and covered with treated lumber, plastic (think garbage bags) and metal fencing sections. I...
Gregory Schwartz
No more buyers letters to sellers?
I'd like to know what you think. How do we stand out in a competitive market? As a Realtor and investor, I have always recommended buyers included a letter to the seller describing why they are a perfect fit for that ...
Account Closed
Beginning to unwind (Retirement)
After 40 years or so, it is time to let the rentals go .. Have collected rentals over my working life and managed them myself( since retiring 20+ years ago), and am finding it more and more difficult to keep up with t...
Christian Malesic
"Pay Rent or Quit" Notice
In the effort of continuous improvement, I ask the following...
When tenants are late we post the standard Pay Rent or Quit notice or their door. Sometimes this works and we get paid, other times it just begins the ...
Tuan L.
Buying materials for contractor or paying a quote price?
For major rehab, do you prefer to buy materials for contractor or just pay the GC the price they quote? I'd love to hear your reason behind your choice. If you buy materials for GC, how do you buy in advance to make t...
Jordan Archer
VERY OLD sellers...good or bad?
Hello BP,
I'm new to the site, and as a matter of fact this will be my introductory post!
I'm very interested in RE, and wanted to start out by buying a duplex, so I could live in half and rent out the other. I'm cu...
Larry Glenn
Yellow Letter
Looking for opinionswhat do you all say in your yellow letters to get a great response rate?
Bob Floss II
Comments on Illinois Wholesale Activity
The topic of wholesale activity came up in a discussion among Illinois real estate attorneys. One attorney shared an email exchange he had with an attorney at IDFPR. I'm sharing here to help keep the community inform...
Luke H.
Tenant Breaking Lease, Next Steps?
Hi, hope everyone is well. I use a standard Texas TREC lease. Tenants say they are leaving within 90 days of July. They have 11 months left on the lease. What are my next steps in terms of compensation?Should I get ...
Drew Farnese
Tell us your war stories from viewing occupied multi families
I'm in the market for a multi family, and this week alone has been FULL of stories.
To start off, I guess some tenants just don't give a rats ass when a potential buyer is looking at their place...and ...