Ricky Stafford
B&H: If you can't get 1% rent/PP, is it even worth the hassle?
Should clarify: >1%.It's a lot harder than I though to find an actual deal. I haven't found anything yet that I'm comfortable buying. This would be my first LTR buy & hold purchase.For the area I want to buy in...
Silvia Ochoa
Anyone worked on a fire damaged property?
Hi, I have my eye on a fire damaged house going for 75k in an area that comps for 200k. The numbers look good but I have never dealt with a fire house. Walls and structure look good but the entire roof will need to be...
Bodhi Tree
Bethesda Deal Analysis
Hi everyone,This is my first post on BP ever.Goal: Rental Investments that beat stock market ROI @ 10% (my IRR). I am an options trader, decent with numbers and get 20% cash on cash with non-directional, non-speculati...
Michael Hunt
Came into some money, want to try flipping a home in Colorado
I came into some money awhile back and would like to take a this coming semester off from college to try to make some money flipping a home. College is taking longer than expected and I am using a lot of cash to atten...
Marc Izquierdo
Seller won't get heater certification!
Hi everyone,I'm looking for some advice. I have a duplex under contract in Bristol Borough, PA with a closing date scheduled for Nov 21st. Since day 1, the seller and listing agent have been extremely shady and not ...
James Haffner
New members from Washington
Hey everyone! New members introducing ourselves, as recommended. I say "members" because it's my girlfriend Kellie, and I. Working on this project. Were currently living in Washington. We're looking to invest in the M...
Steve A.
How best to buy 1-2 properties a month in Indy
Hi guys,
I will have $15-30k per month to invest in buy and hold rentals in the Indianapolis market over the next year. I've been here for 28 years so I know the area fairly well.
The plan is to put 20-...
Tim M.
Offer made - then owner filed bankruptcy
I made an offer on a MF short sale in PA - was a solid offer, at least 85%+ of appraised value. 2 months later the bank finally reviewed it and verbally advised my agent that they would be accepting the offer. We have...
Katie Southard
Tenant Lost Mail Key, We have a spare, but isn't that a liability?
I will preface by saying that we have tenants who are annoying as all get out. They ask us to step in for everything from a lightbulb to grass seed to whatever. They also bother our HVAC guy to do general handyman tas...
Account Closed
owner wants walk away cash for short sale
A homeowner that contacted me from a yellow letter is willing to short sale her home. She owes too much. She is 6 months behind. The house needs a total rehab to be rent ready. She is supposed to talk to her mortgage ...