K, so hindsight is 20/20 and I’ve learned a ton on this deal, one being trust the gut and figure everything into the budget. This is my second property so be gentle, hahaThat said my issue is I have 3 huge trees on a ...

Property value after repairs $350,000-$360,000Estimated repairs ($20,000-$30,000) Balance of 1st mtg (Everbank) ($271,985) Balance of 2nd mtg (HUD) ($ 24,482)Cost to cure loans-est ($13,000)Est equity $10,533-$3...

Hey guys, I own 3 bedroom townhome and rent the rooms out individually. I had been living there up until Dec. and had always had 1 or 2 roommates living with me at any given time for the past 6 years. I've had my shar...

I sent out my first round of direct mail today for delinquent tax. I'm a little nervous. I'll post what happens

I am extremely "burned out" with my current job that pays well but I am 62 years old and very tired of making other people rich. I want to develop a consistent RE wholesaling business to supplement my retirement. Ho...

My first buy and hold.( 2 houses for 49k )   Im inheriting a tenant that has been in place for 20 years. Her rent has not been raised since 1984. She currently pays 450 a month. ( plenty to cover my mortgage -440 -...

I recently bought a property (triplex) near Pittsburgh, PA.  During my due diligence phase, and about three months prior to closing, the previous landlord signed a tenant to a 1-year lease.  I obtained a copy of the l...

Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...

When asking a private money lender for funding, do you suggest amortizing it over only the course of the loan or do you try and structure the contract so that it has a 1 year balloon with a longer amortization period?...