Curt Dumonceaux
Lease Back?
If I were to get an acceptance letter from the lender for a short sale transaction and I closed on the property and in turn leased the property back to the person who was getting foreclosed on.
The question is, will...
Mike Schorah
Do you follow up after appointments?
From what I’ve come to understand, when the seller says, “Let me think about it”, you’ve lost out on the deal.” When somebody gives you a “maybe” or they push you off or they put you on as an option, you’re going to l...
Rick L.
Tenant Screening (ie-Credit Report, Background Check)
So, I've found a tenant that I like and want to screen them for Credit, background check, etc. What/who is everyone using for these reports. I've looked at Smartmove, but it seems that the potential tenant has to re...
Noble Evans
I have a good flip deal at 70 % arv, but my lender is still nervous
Hi guys, my name is Noble Evans and I am new to BP on the forums. I am also a rookie in the investment game but not to construction in general. I have worked for a general contractor, as a project manager, for almost ...
Ryan Sanders
I think this is a good deal...if financed correctly
A duplex in my area is listed for 197,000. The following information is provided: "This duplex has been totally renovated inside and outside! The kitchens have new cabinets, new counter tops, and new appliances. Th...
Curtis Hunter
Is 20% a good starting point?
A guy that i work with and his wife have been investing for 4 years now. Wholesaling for the 1st 3 years and flipping for the last year. He seems to be doing well for himself so I have been asking him a lot of ques...
Kenneth McKeown
Austin v Dallas v San Antonio
Hey all! New Texas folk here that just moved to Schertz in August. I have a friend back home in Washington that got me hooked on REI about a week ago and I've been doing a ton of podcast watching, reading and research...
Mark Brennan
Tenant’s refrigerator broke.
A tenant’s refrigerator broke and the earliest any appliance tech could get out to look at it was 7 days later. I told the tenant there was nothing I could do, but to buy bags of ice and put them in the fridge/freeze...
Chris Bingham
Dangers of renting to someone with poor credit?
I'm considering renting a spot to an applicant with very poor credit. To offset the risk of the tenant potentially not paying rent I am considering a deposit that is more than 2X their monthly rent and only offering a...
Steve Bebek
Thinking about Savannah for STR or MTR.
Have a LTR in Portland Oregon we are going to 1031 in May.My wife just visited visited Georgia and really liked it there.Before this visit we were thinking of buying in central Oregon (Sunriver, Bend, Sisters, Or) pr...