After some time being here on BP and reading non-stop, I've made the decision to go with a rental approach vs a flippers approach. It took some time for me to decided that but until I really get my feet wet, I'm going...
The biggest piece of advice I can give you is to check your insurance policies. We were 90% of the way done with this project. The tenant was set to move in this week. Closings documents were at title for the end buye...
Hi allI just looked at a HUD home and in the disclosure it said it is not FHA insurable due to its economic life being under 30 years. My realtor has never seen that language before but she thinks it might just be bec...
I live in the Salem, OR area and I recently placed a bid on a house on the Hubzu website. From what I understand the home was a foreclosure. I won the bid and my biggest worry right now is buying a house that does not...
I am analyzing a multi-family property that I am considering investing in. The numbers appear to work out for what I want to do. The biggest red flag that I have had come up is the fact that the property was struck ...
I am considering going from charging a refundable security deposit vs non refundable fee ($40/booking). If I go with the non refundable fee would I use a liability account?
I have a very interesting opportunity to purchase a group of properties that will include single family (my sweet spot, those I totally understand), garage apts, and duplexes. What questions should I be asking that ...
Hey all,I'm trying to figure out how to make this deal work for us and the seller. He's pretty firm on a purchase price of 40k. It needs about 20k in repairs and the ARV is about 65k-70k (conservative). He's open to s...
Hey there, we bought a note for about 8000.00, non performing, and have not had success with contacting the borrower. We need to be included on his insurance policy for the property.How does one contact the homes ins...
Does anyone know of John Vitale in St. Louis??. Supposedly has his own construction company and claims to be private money lender.( how or are they regulated ? How can you investigate them??)