Ashley Guzman
Sub2 and L/O
Hello everyone,I have a question about a strategy I think will work but I would like to pass it by y'all before I pull the trigger. I have an owner who contacted me today and was looking to sell her property. Now at f...
Mike Chapin
Property with foundation problems
I'm looking at purchasing a property with some foundation concerns. Looking at roughly $500o in repairs to install a dozen piers according to a contractor.
Has anyone purchased properties with these issues and what t...
Dan Smith
Buying a property using a land contract.
I hope to buy a property using a land contract. The property is worth approximately $100,000 and the terms are 240 payments (over 20 yrs-no interest) to the seller with option to pay the balance off at any time. I...
Trevor J Dammon
Question about equity and refinancing
Hi all,Newbie here, trying to understand the math behind refinancing.When I refinance a property to fund a new property purchase should I count the debt against the original property or the new property?The question i...
Henry Chen
Rent price vs tenant stability
Hi BP family,
Like to get your take here. One of my 2bd condo should be able to rent out for $1700 according to few sites I've researched. However the next door neighbor in a 1bd asked if I would rent for $1500, and ...
Michael Gayer Jr
In Hawaii, how do you set up a Lease Option (or Purchase)?
Aloha Investors of Hawaii Properties,When setting up a Lease Option (or Purchase), is it correct to say that I am setting up a Seller Financing deal? Also, when creating the paperwork for this Term deal, do you go th...
Compton Oliver
Interfacing with Self-Directed IRA Investors
I run a firm that primarily invests in what many real estate investors would call Alternatives. Generally, we buy small to medium companies, create synergies between existing investments and partnerships, restructure ...
Adam Stone-dare
Business insurance?
here's a dumb question I feel like I should already know the answer to but do I need to purchase Business Insurance if I am going to rehab properties or just insurance for the actual rehab-builders risk, vacant dwelli...
Hong Yang
Smart Locks and Security Cameras Legal Issues?
Has anyone tried installing wifi locks and security cameras for their long term rental? I know its pretty common in short term rentals, but I'm not sure about the legal implications. I assume you have to give your ten...
Elliott Back
Tenant asking for new windows
I have a tenant that is asking for new windows in a rental condo I have in Dallas, Texas. Right now I have 2 single pane windows and two sliding doors that are also single pane. I have asked for one quote so far and t...