I'm going to start off by saying that we've made a lot of mistakes. My husband bought a house many years ago and had a family member live in the house. A year ago this family member came to us and said that she can no...
Hi All:I live in the Washington, DC metro area. I need help getting off the dime and plunging into the buy and hold arena. I have cash to pay for the rental properties until I am able to consider leveraging it. I have...
My property manager advised me to consider renting to Section 8 tenants. This is my first property in Las Vegas and I am still learning the peculiarities of this market, being an out of state investor.I have heard mi...
Unicorns, Sasquatch, Centaurs, Bulk REO Deals . . . they all seem to be mythical creatures.
I've started this discussion because I'm pretty convinced that we will be terminating the BP Bulk REO forum and will require...
Ok, here's the situation. I own a 3/2 free and clear in an up and coming hipster market. I had a tenant buyer in the place but he defaulted on the taxes. The only debt I have on the property is the 30k I had to pay ...
Last year we tried something new. In early December, we sent both our tenants (we only had two units at the time) a Christmas card saying thank you and enclosing a $50 gift card. We did it mainly to say thank-you t...
Hi everybody! I'm Mike. I've been lurking here on the forums for a little while, and I suppose it's time to go ahead and introduce myself, officially.
I'm a newbie, 0 deals under my belt, and I am particularly intere...
Hi, I am trying to analyze an opportunity that I may have with an investor in Youngstown, specifically the zip codes I mentioned in the subject. It seems as though properties can be bought very cheap and with about $2...
Now that I got your attention, let's talk about Short Sales and whether/when they are a good fit.First, some context:A Short Sale is when the NET proceeds from a Real Estate SALE will fall not cover the DEBTS secured...
I have two tenants living side by side in a triplex who are at each others throats and they are relying on me to settle the dispute. I just acquired this property two months ago and it's my first time being a landlo...