Hi EveryoneI'm new to real estate investing and this is also my first forum post on BP. I purchased land about 6 months ago and my goal is to develop the land. More specifically, I want to build my own home. I've gott...
Hey guys! I am in the process of getting an REO under contract through Fannie Mae, and LAST MINUTE they sent me this bogus Real Estate Purchase Addendum that TOTALLY negates the terms in our agreed upon offer.....My a...
BL: Purchased HUD property Dec 2013 for $32k, rehab costs and expenses were$34k. thats 66k cash of my own money in the deal. The good thing is that I dont have any holding costs other than utilities and property taxes...
Hey Everyone, I hope i put this in the correct category.
I generally do not do yearly rent increases on my properties if the tenant is clean, pays on time, and is overall a good tenant. I might raise 2% every 2-3 ye...
I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...
Here we go. Initially, I was a web guy and I founded a few large web sites, which I sold a few years ago. I still have a few, but the large ones I sold off. I picked up a house, a car and the rest were in Vanguard ...
One of my tenant, Her rent is due on the 1st and 6 out of 12 month pays rent late. Usually by the 2 Nd and third ,one time on the 12th after I told her if she doesn’t pay me on time and not repond ding my text I will ...
Taking an informal Poll here on the "due on sale clause" enforcement. Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transfer...
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
It has been a few months since I have really been active on BP, but my wife and I just came to the conclusion of our second “deal” and I wanted to jump back on to share some of the details and transformation photos wi...