I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...
I know this is an investing forum, but does anyone know of viable foreclosure prevention resources? There are many people that claim to help for pay, but is there a way to viably vet them?
Hi Folks,Seller declined our conventional loan offer (225k, full asking price), seller and her agent don't think the property will pass appraisal/inspection process (needs roof/siding/decking work). They are holding o...
Hello Biggerpockets!I have discussed some of the details on my first project in other post, but I wanted to give an update on my first intentional investment property. A little background on me: I have always wanted t...
Hi all,
The last analysis I posted turned out not to be that hot of a deal. This one seems a lot better. Any help would be appreciated!
Here goes:
Duplex
Purchase Price $55,000
Rents: $1,075 ($550 and $525) Each a...
Hello all,I closed on a house many of our investors passed on due the street and potential worries about the area (I'm a broker for a wholesale brokerage, so this was one no one else wanted), so I'm going to follow th...
These are the main areas of concern the inspector found today on a SFH I'm looking at in Indianapolis. The structural issues are really concerning to me, as well as the moisture in the basement.What is reasonable to ...
My tenants sent me the following message. There was no previous messaging of any problems; they informed me of replacing and discarding the previous unit all in one message. Then expect me to pay for the new unit. The...
Fellow investors,I expect this topic has been discussed ad nauseam on here but I thought I would share my tale of woe anyway to help others avoid making the same mistakes I did. In August of last year I came across a...
Hello, Frequent visitor to this forum to learn about landlord for the last few years and have a few rental properties in DFW area. However, this time I need some feedback from other landlord. I understand that landlor...