AJ Felix
Inspecting Properties During the BRRRR Process
So as I have read so much information related to real estate investing I am left with some questions that appear unclear. As a BRRRR investor analyzing so many deals and making offers on even a smaller percentage of t...
Nick Shri
Duplex buy & hold investment in Cleveland.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $130,000
Cash invested: $37,750
1st out of state Turnkey Rental Resale Property.
What made you inte...
Neerav Patel
Tenant is asking for discount in rent for damages due to water
Hi all,In past whenever I had questions, I always turn to BP and it always is helpful, so asking one more question.I am a new landlord and yesterday at 8.30 pm tenant reported that there is about 2 inch of water in ba...
Warren West
When is it too late to further negotiate?
I recently won a bid on a duplex I plan to do owner occupied in. Following the inspection we found a number of small to medium items that will need to be addressed (older boiler, sewer pipe needs replacing, chimney n...
Cole Tyrell
FINALLY - Our First Investment Property!
Investment Info:
Large multi-family (5+ units) buy & hold investment in Chicago Heights.
After a few years of research, running the numbers, backing out of a few deals based on inspections (nerves about ...
Herm M.
We need to create this topic: % of BPO acceptance
It seems like this question has been popping up lately: What are banks accepting on short sales vs. the BPO amount?
There's really no answer, it varies case by case.
I think we need to create a thread where people p...
Isaac Fridmann
Do you Inspect Fix & Flip Before Contract or During Contract?
Hey BP Fam, when looking at a fix and flip deal, do you bring out your contractors, inspectors etc. before going into contract and submit an offer based on the cost of rehab with no Inspection period or, do you submit...
Jerome Mosetic
Back out first Offer during contingency period
Hi AllMy partner put in offer for first time home purchase which happened to be a bank owned foreclosure property. The terms in contract state that this" is as" purchase. We were aiming at doing in a live in and flip ...
Ilya Z.
Alternatives to "usual suspects" when buying kitchen appliances?
We're rehabbing a flip which includes a complete remodeling of the kitchen. So in a few weeks will need a full set of appliances: fridge, dishwasher, electric stove and fan. The spread on the house won't be very big, ...
Carol Hensal
Non-Paying Tenant complaints
One of my tenants have not paid in months and I'm trying to get her evicted (Thanks CDC!). She's now complaining that some of her lights aren't working which is likely a breaker issue. Since this isn't a life th...