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I’m looking for guidance or opinions for the future. Currently I own my home and I make a decent salary for my area, Hattiesburg, MS. Housing is cheap. I bought the home I live in through a foreclosure and decided I w...
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Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...
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Hi, I'm a new investor and I have been looking into hard money lenders for my first flip. I spoke with a company and they stated that for first time borrowers they would require a down payment of $10- $20 thousand dol...
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http://6abc.com/news/woman-accused-of-scamming-landlords-out-of-thousands/1510555/You have to be very careful when you are renting your units; one of the landlords in that article was even using a property management ...
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Hi all! I'm a fairly new investor looking to make my first purchase in ~ 2 months. I've already found a reliable agent who is also a part of the BP forums and has a few units under his belt. My question is regarding G...
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A contractor hired to replace siding in a relative's rental didn't show up. My relative requested her deposit back and they refused. They made the mistake of handing over the 1st half of the insurance check which t...
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So there has been some uprising in the discussion of Sub2 investing and the Due On Sale Clause.
Most recently, a blog post of mine titled: Attention: Residential Real Estate Agents
The topic of that blog post was t...
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When I am compiling quotes from contractors for fix and flips, should I be including material (Kitchen cabinets, flooring, etc.)? I know from reading other topics on here, a lot of investors purchase the materials the...
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Hello, Newbie here. I need opinions on this idea.
I have $100,000 I want to invest in real estate. I live in Los Angeles and I have family in Cleveland, Ohio. The last time I visited Cleveland I had the idea to start...
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He BP community. I am set to close on a property where a Tenant has put in the vacate notice, but plans to stay in the unit for 11days past closing. Everything would be good except they didnt pay rent and dont plan to...