Good Evening Pro-Member Community,I am a new to real estate investing, but have spent all my free time on educating myself. I have decided to pursue the buy and hold rental property strategy, and am looking for some g...
Hello BP Experts,
I am about to start a BofA short sale. The property is a 4/2/2 in a good neighborhood. The balance on the loan is $97,000 and the house is worth $100,000 after repair. It will need some updates. I h...
Does anyone do this as their primary investments focus?
I am looking to do more of these and have a few questions for someone a little more seasoned on this topic.
1. Have you been able to create an automated system ...
Hi there, I posted this elsewhere, but I see that in this forum people have more experience with REO purchases. I am looking at a FNMA owned home, and may put an offer for it. Problem is, I am not sure what they expec...
Found a Mobile home park for sale Asking Price: $800K includes 19 lots with 3 rented @ $175, park owned homes are fairly old & dated with 1 newer home. 15 Rents ranging from $400-675 per month. 2-3 homes will be v...
As I was following up with leads and investors I've worked with in the past I came across a problem one of my colleagues is facing.."Im in about $38K from my personal investment and loan payoff around $52K. So I would...
Hi everyone!I am wanting to wholesale vacant land and wanted help with understanding how to determine if the land is attractive to cash buyers. Is it primarily the location of the land or are there other factors?Also,...
Just got a bid presented to me by my property manager from a contractor of $14k for tenant turnover, incoming rent for the unit is $800... I know the unit well and it's not in bad shape. Some of the items are totall...
When screening a tenant, don't just look at a tenant's application and credit scoreTheir application will tell you a general idea of whether or not a tenant is qualified, but it won't show you how they will take care ...
This is going to sound like a bad soap opera, but here goes...
What happens if you have a property sold on seller financing and the buyer uses it as a rental. BUT... the buyer turns out to be a slumlord who is allowi...