David Wurzel
Online Auction Scams
Has anyone noticed this scam of people bidding on the auctions and walking away in order to delay the sale? I've noticed in a few counties that the same people bid on auctions and walk away. They lose their deposit,...
Alexander Knox
Success in Rental Arbitrage
Hi all,
I am curious about how people are successfully operating rental arbitrage businesses. I own multiple rentals in the south/mid west and recently I was approached by an aspiring arbitrager to lease out one of...
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What made you want to start investing in real estate?
I have different a motivation for everything I do. I wanted to start investing so that I could create wealth by means of cashflow. I knew that generating positive cashflow each month by renting out my properties wou...
Steve Babiak
Baseball Playoffs 2010 - any thoughts?
Here is the thread with the spring predictions:
http://www.biggerpockets.com/forums/56/topics/48284-baseball-season-2-1-predictions-thoughts-etc
Only two predictions there that came to b...
Nic Werner
Breaking lease BUT owner wants to sell - whats a win/win there?
We're 7 months into a 12 month lease, and are closing on a home. We notified our landlords early (45+ days notice) and they've decided to sell. Washington State.
I'm trying to find out our obligations on this lease c...
Xun He
Very frustrated with terrible terrible tenants, two in a row.
Hi Everyone,I felt extremely frustrated recently as a relatively new landlord. I had unbelievably bad luck to meet two very bad tenant families in a row in 3.5 years as a new landlord. Because of my first tenants allo...
Account Closed
Craigslist --- "Uhmmm Hello..."
I've gone thru CL and captured several rental listings that seem to be owner/self-managed. Now I'd *actually* like to call them. Is the call flow something similar to:introduce yourselftell them you're an investorask ...
Mike A.
New York credit and background check actual fees
We use a third party to run the credit and application fees. They charge $29.95 for both. We do not collect the money, the third party does. One potential tenant just callled and said we are not allowed to charge $29....
Hayden Lyon
First Investment Opportunity - Need Advice
Property Description: SFH in Austin, TX; 3/2, 1200 SFBackground: My father is retiring and moving to the beach. He and I have had conversations about my desire to own rental properties and have discussed me purchasing...
Heather D.
Yellow letter verbiage
Hi All,
I'm starting a direct mail campaign to preforeclosures but I'm not comfortable using the standard "I want to $buy$ your house" verbiage in the yellow letter. I've done it... and would rather deal with someo...