Mimi King
Good contractor=Less headaches
Hi BP,I'm currently working on placing and offer on my first property. The property is a foreclosure and there are no pics of the house but the outside. I completed a rental analysis to run the numbers but I don't fee...
Joe Gemma
HUD/SAGE ACQUISITIONS HEADACHE!
Hi BiggerPockets Community,I am in the process of trying to close on a HUD property and the last step is to get a past due water utility bill ($700.00) paid. We sent over the past due ledger to SAGE Acquisitions at th...
Robert Kriedermann
Help! Hard Money headache
I took out a hard money loan for a rehab project. Purchase price was $51,000 and the rehab escrow was $60,000. I've worked with this lender before and the fee is always 5 points plus $2500 with 1% of the loan to be...
Sing Ho
First rental property headache
This is my first rental property. Recently just bought a 5 Unit rental property and already having problems getting rent from 2 units. One of them in Unit 5 I met was a family who longer wants to move to a better neig...
Nick J.
HUD + HOA = Possible Headache?
A friend/client of mine has been buying up some pretty decent HUD's. Its been pretty smooth sailing up until now.
I haven't heard back yet but here's the deal.
I receive an email that there is an HOA violations on...
Kristann Montague
New Landlord -- Repair Headaches Already
Hi all,
Forgive me but this is a rant. I'm a newbie RE Investor; I just closed on my first rental property (2 bed, 1 bath SFH) on 9/26. I was very fortunate to get a renter lined up before closing, and she moved in...
Anthony Kilkenny
Potential first property + first headache
Situation: home is owned by a current nursing home resident. Daughter is reluctant sole party with responsibility. The owner can't get help from state since he has this asset; daughter can't afford or physically dea...
Marci Stein
am i buying a headache?
house is a very good deal, but has 7 tenants living in a 2 bedrm , NO LEASE.
owner says they pay late, but always do pay ,for past 5 years .
all in cash,as he requested, so no reciepts.
if what he says is true that'...
Todd Groom
Flood damage Headaches and help
I have spent hours trying to find this magic FEMA book or guideline that will tell me exactly what the reimbursement rates are for different things like clean up, calculations on material cost and so on that adjusters...
Jonathan Plant
Headache fix and flip home.
Investment Info:
Single-family residence fix & flip investment in Cleveland.
Purchase price: $19,000
Cash invested: $40,000
Sale price: $47,000
Lost $ on this one.
2 break ins.