I got the gist of foreclosure auction here in my area, but I am still unsure of how I should estimate indoor repairs for foreclosures. I can estimate things like siding, roof, grading by driving by, but most of the...
Hi, my first tenant decided to move out at the end of her lease. According to lease agreement I can bring prospective renters with a 24 hour notice. I asked her today to make showing on Saturday, (6 days in advance) ...
So please correct me if I'm wrong. But, I have to reside in the house for a year if it is a FHA loan? What if I was to find a house and use the FHA plus 203k loan, then once I'm ready to sell convert to a convention...
Hi all,New to BP forums and this is my first topic, so I apologize if it's in the wrong forum.I'm looking to get my first deal and started off with a 37-unit condo association located in eastern Connecticut. Long stor...
A credit check has revealed that a prospective tenant has a criminal background of assault on police officer, destruction of police property, and obstruction from five years ago. I am thinking we need to reject he...
Hello everyone,I will preface this by saying I am new to the real estate world and have little to no experience at all so if what I am asking is not possible, or stupid, feel free to say so.I am in the process of find...
Hi BP,So went and did our first Multi Family walkthrough after reading ALL the BP books as well as david greene's long distance RE investing book and reading that about 3 times over! Learned a lot in the process. Firs...
Hi everyone,I just bought my 1st property in Springfield, MOa little bit about the house: it's a 1100sqf house 3 bed 1 bath. bought it for 25k cash. Haven't been inside yet. now the next step is rehab the place.What i...
Hey BP, I am almost ready to present a Subject-To offer to a prospective seller and this question popped up in my mind: If the seller agrees to the deal and a couple years from now is able to buy a new property, how w...
Hearing horror stories of getting bad renters out and the damages they do to the home, I'm intimidated to rent out my home and proceed with buying a new home to live in and update. Those who have had experience, were...