Hey Guys,
I recently bought a new rental property and am in the process of rehabbing it to rent it. Generally, I buy the lowest cost of whatever-it-is that I am replacing so long as it is durable. However, As I go th...
What do you folks think about RE agents who have homes listed that are about to go to the Foreclosure auction but don't actively try to sell the property or let their clients know about alternative solutions? I've ha...
There is so much speculation among realtors, lenders, and real estate investors about the “shadow inventory.” I wonder what’s really going on behind the scenes at the banks with regard to releasing inventory? Does any...
Google the foreclosure implications of being a debt-holder in second position, and you'll find a bunch of articles explaining that if the house sells for less than what is owed, the person in second position gets scre...
Hi all,
I need some advice on how to handle a situation that might require an expensive rewiring of the electricity in our home.
I have a duplex in Queens where I rent out the first floor and live on the second fl...
My client will be selling her LA area rental house and plans to 1031 into another investment. She wanted a vacation rental house within a couple hours drive, but in California, the cities are banning and severely res...
I feel guilty of not being very active on Bp lately. so this post will hopefully motivate me to become more active in the forumI recently bought an old house that will need lot of clean up and work. i paid 78k includi...
Hello BP world!
First time investor here and excited to take the first step towards financial freedom! My name is Brian & I’m currently looking to buy my first property.
My deadline for this goal is June 1st o...
Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...