Gentry Redmond
Good equity but no cash flow
What are your feelings toward properties with good instant equity but poor cash flow? Recently I found a foreclosed single-family property tax assessed for 183k on the market for 149k. I submitted an offer at 144k and...
Paul Gupta
Legal lease forms/addendums for DC and MD area
Hi, I just closed on my first rentals in DC/MD area (one in each). In California, I rely on apartment association's very detailed forms (www.aacsc.org). Here, I cannot find any such equivalent w/ downloadable forms,...
Account Closed
Afraid I won't find a renter
Hi BP,I'm extremely new to this but I have made the decision to purchase my first investment property using the strategy of buying a single family home and renting it out. I have analyzed a bunch of properties and I t...
Eric Andersen
California - Mold in Attic - Seeking Legal Advice
Hi there,I found mold in the attic when readying the house for a new tenant. I had a mold company out and they want a lot of money to remove it. We think it is due to lack of ventilation and are putting more vents to ...
Tony Silva
Newbie
Hello,
I wanted to introduce myself. My name is Tony and I live in San Diego and am in my mid twenties. I am currently work with computers but I am considering dabbling in real estate investing (with the plan of even...
Riley Place
$1,276,000 Portfolio Sold - $76,000 Commission - BP found Deal
Hello BP Members,Today we will share a shortened "Case Study" of a deal recently closed worth 1.2 Million, netting a $76,000 Commission Check. While the BP podcast and website are great sources of information, they ne...
Heath Watson
20% Down on Investment Property
Duplex available for 100k.it’s a 2 bed 2 bath 1800sq ft so each side is one bed one bath. One side rented for 550 but I believe they can definitely be raised to 650-700. the other side needs renovations. Arv I think i...
Kendra Mattson
SmartMove vs RentPrep
I've used SmartMove for my last 3 tenants and have had good experiences with all of them, but I'm currently trying to screen a tenant with SmartMove and 1) I can't tell if I'm still receiving a BP discount because it ...
Daniel Legut
Illinois Tax Lien Sales: Who bids on tax liens at 0%? (R.A.M.S.)
At the Tax sales where R.A.M.S. is used in Illinois for the sale of tax liens, who bids 0%? Why do they do it? Is it mostly banks that do it to protect their assets? I'm interested to hear from anyone who bids 0% or a...
Tyrone Wilson
Newbie investor need advice
Hello, I'm a new investor and I need some advice. So after 2 years of analysis paralysis I decided last week to start investing in real estate. In the last 10 days I found what seemed to be good leads and tomorrow I'm...