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This past August I sold an investment property to a lady and gave her 2 months before she had to start making payments. She put $1200 down and have only received one monthly payment of $600. As of Jan.1, she will ow...
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I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
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I'm starting my search back up for buy and hold out of state rental properties. My goal is to have multiple.It seems that I'll come across a property I'm interested in and I'll make contact with an agent (found throug...
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Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
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Hey Everyone,
I'm considering lease options as a future investing strategy and am curious to hear others experience with it. Do the tenants often buy the house at the end of the deal? How long do most lease options g...
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Tenant’s lease ends 12/31/17. We close 1/2/18. Tenants want to stay. We prefer they use our lease (less vague than existing belonging to property management company running the show currently). So Planning on inheri...
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When I buy a house at a trustee foreclosure auction and the previous owners are still in the house, do I need to hire a lawyer to evict them or can I, as the new owner, just show up at the justice of the peace on the ...
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Hello from Alabama. I'm just curious if anyone else has ever run into a situation where you bought a tax lien property but it was full of the previous owners possessions, although in this case the house has been vacan...
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Greetings BP.
I have been doing a lot of lurking on this site soaking in as much information as I can in the last few months.
I am interested in buying Option to Purchase contracts from motivated sellers then hiring...
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I recently sent out my first direct mail campaign and I found a motivated seller right off the bat. She is out of state and not making payments on the house. The bank has moved in and winterized the property but I d...