Eric Wilson
Deal of a Single Family in a Very Rough Neighborhood
Hello. I’m looking into buying a 1/4 of a fourplex unit in Kelowna, BC. It’s a foreclosure in rough condition. It’s located in one of the roughest areas in town where tenants are usually on social assistance. Not that...
Angelique F.
So I jumped on the band wagon and bought a fixer upper..........
I was told all these wonderful things about how I would get my money back for the work I put into the home. Ahhahhaha, no, that's not the way it works. You got repairs and you got improvements and only the REPAIRS c...
Calvin Clark
Dallas 4-plex - Good deal?
Hello BP community!My fiancé and I just got our first offer accepted for a four-plex in Dallas and are looking for some advice on our analysis before our option period ends. The property is comprised of four 2b/1ba un...
Gordon A.
What do fellow Boston Investors think of this address?
I am considering purchasing just south of Mass Ave in the South End. Those of you who know the area know it is a warzone line. But when will it gentrify I guess is the question? Anyone think it could be a good play fo...
Ken Rishel
Lonnie Deals - Then and Now - The original method won't work
First of all, I believe Lonnie Scruggs, was a great man who, while he did charge for his knowledge, made a whole lot of people a whole lot of money. I would never try to take that away from him.
Second, throu...
Eric M.
What is considered Short Payoff Fraud?
BP member Scott Hubbard posted the Freddie Mac link below in another thread but after reading it, I thought it was important enough to highlight it on its own. To me, it was pretty eye-opening as to what Freddie (and...
Paul Rinaldi
Should I launch my REI Career in a distressed area?
Hey all, glad to be a part of this board. I am fresh out of college, and early in my career.
I have always wanted to invest in real estate, since I was about 12. I am learning more and more each day. I am reading "I...
Paul Moorer
New to wholesale real estate in what direction should I start??
Hello wholesale world!! Sorry if that’s corny but I’m new to wholesale and I’m absolutely obsessed! I want to know the ins and outs if any pros want to spread some knowledge. I’ve been doing my homework learning what ...
Bob H.
Would you approve an applicant with a big advance rent payment?
What do you think of this rental applicant?Cons: A bankruptcy "less than a year old" (I'm not sure if that's since filing or since discharge), no recent rental history because he was a homeowner, a new wife from his n...
Ken Yeung
Tenant paid the entire rent for the duration of the lease
I have a tenant willing to pay the entire one year of rent upfront for the one year lease to start. Will you allow? Is it common to happen to the landlord? Tenant does not have the credit history to show from the past.