Jeremy Tews
Hope to Buy Within 2 years. Seeking Advice (California?fha?s/mf?)
Where we're at: wife and I are looking to purchase property in California. As with most, we are waiting to see what happens with the virus and are fully expecting prices to fall within the next year. Obviously things ...
THANG BUI
How do I get rid of a subtenant
I'm taking over the property management for my mom and, for one of the units, the tenant is subletting. Apparently, in our lease we do not allow subletting. The subtenant is very dirty, refuses entry into his room, an...
Kasey Gourley
New Investor from Nashville, TN working on my first deal!
Hello BP!
I am from the Nashville, Tennessee area and new to REI. I have been educating myself in every way possible over the last 3 months. I have now decided to jump in head first and I have been making offers on ...
Jaelyn Whisler
Understanding The Business of Buy and Hold Investing: A Landlord
Two nights ago, I attended a meeting in Prince George's County about buy and hold investing as well as managing your own properties. So I'm just going to jump into some of the things we went over. Feel free to add any...
Marvin Robinson
How To Control An Infill Lot Instead Of Buying It
Hello,I recently attended a webinar that states investors should control build-able infill lots instead of buying them, how do I draw up a contract to do so? The intention being to find a retail buyer that through th...
NaTarrio Jones
Great Flip Opportunity...Should I wholesale the deal?
I was looking into wholesaling because a fellow investor presented a deal to me which includes a very motivated seller...My business partner got the seller to agree upon a price that is around 60% of its appraised ma...
Patrick Barker
Bank repossessing the houses I was negotiating on
An investor in my area had about a dozen properties that were for sale off market, I made my first round of offers on each one and before the seller could counter the agent informed me that the bank was taking bac...
Stephen Durante
Will a license interfere with a FHA loan?
Hi all, I've been researching a few different options to start off my portfolio. I eventually came down to the decision of using a FHA loan to obtain a 2-4 unit(3) building. I have also considered going to get my real...
Nicole Villar
How to Get Insurance on a Prev. Fire Damaged House
Hi there BPers! I’ve come across a potential flip property that I’d like to fix up, but it has pretty extensive fire damage. In order for my hard money lender to entertain the deal, I would need proof of homeowners i...
Jason H.
Selling Short
I have a single family rental property that I will probably have to sell short because value is below what I owe the bank. I am current on payments. How bad does a short sale hurt credit and how long does it take to...