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So I have been actively looking for good investment properties for the last two months. I went and looked at two yesterday that were still tenant occupied. The standards of living are so crummy at the houses that I wo...
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Hi BPI have been relentlessly trying to get a grip on a few of the hot markets in Florida. Particularly Orlando, Tampa Bay & Jacksonville. I find myself going around in circles and haven't yet deciphered which mar...
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Hi All,I am hoping I can get some advice regarding my situation with the general contractor I hired.My husband and I are doing our first flip and we took 3 months vetting general contractors to make sure we end up wit...
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Here is how I typically handle rentals:1. I list them on the MLS and people go see them. When they are interested, their first question is how to apply. 2. Right now, I have to email them a blank pdf of the lease appl...
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I always thought that when you transfer title, you trigger the due-in-sale clause in a traditional mortgage.I see questions time and again from investors who want to transfer ownership of their residential property pu...
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Hello All,My name is Tyrone and I am new to the whole concept of real estate and investing. I am currently listening to BiggerPockets podcast. I’m trying to gain as much knowledge as possible on how to buy, sale and s...
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I am having trouble with Chase on a second mortgage. After numerous conversations they continue to say they will settle for nothing less than the full amount $50,000. They are saying my bid for the house is to low at ...
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I am looking for input on methods being used to quickly qualify or disqualify properties. Spending a lot of time running numbers and wanted input from the community on what key metrics are being used to evaluate a pro...
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So I'm in Chicago. Two six flats. 8/12 tenants now not paying rent. I've been talking to other landlords and it's the same story. I have two buddies with 60 units between them. They're are mostly 1 bedrooms. Rent is u...
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So, 3 weeks ago, I found a house on the MLS listed for $74k, I made an cash offer on a short sale and it was accepted by the seller. Today, I got a phone call from my agent saying that GMAC negotiator wants $90k for ...