Jeff Brenot
Property tax increases on rental properties
Hello BP, I am evaluating a 4-plex in the Austin, TX area. The last tax assessment was for $395k in 2015 (~$9k taxes based on 2.2% tax rate). However, in the meantime, a similar property to the one I am evaluating sol...
Scott Kennedy
How to approach Mr Banker that controls forclosure.
I'm a newbie at 39 and I would appreciate any help with my situation . I have traced a vacant house (been vacant for at least two years) back to an out of state Bank in Oklahoma. I want to call them ASAP and was hop...
John Ma
Irrational sellers at reassignment closing
I'm wondering how many of you guys experience a seller freaking out or feel like he was cheated because he finds out you made several thousand off of him during the closing?I know we have to drop the "I may assign thi...
Cal C.
Should I report this agent to the Board of Realtors or?
I'll try to make this short.Last month, I called an agent who runs a property management company. I offered to buy one of the houses he manages. Had to explain to him a couple of times what I was trying to do. Anywa...
Lakila Richardson
How Can I Win a Bid on Fourplex with FHA Financing?
Hi BPers...I'm an investor in South Florida and looking to utilize an FHA loan to purchase a fourplex. There are a lot cash buyers in this market and obviously cash is king, so please provide any advice on competing f...
Tom C
Working with Section 8
Guess I will throw this out here.. Just looking for opinions. Purely hypothetical situation, but could possible help some people out. Being a former cop, I always look for loop holes in policy, procedures and the law ...
Michael Lerch
Need a realtors license if you do 5 or more deals?
This has been coming up more and more as I continue my wholesale journey. I heard from my appraiser today that in michigan you need a realtor license if you sell more than 5 homes in a month. I asked where she heard a...
David Lunsford
Google adwords
Have heard differing opinions on running an adwords campaign to attract motivated sellers. Success stories, horror stories and opinons please.
Jeremy Anan
Wholesaler Changing Purchase Price
Hello BP - Need your input here.We went under contract on a property in Baltimore about 20 days ago (06-22-2020). The closing date was set for July 17. It is a wholesale deal. Both the owner and wholesaler signed the ...
John Colburn
Bank Calling Note on Long Time Investor
A business partner of mine is having a commercial loan called by Citizens bank.
This investor has been investing in real estate since 1990 and built a decent portfolio of assets in Massachusetts. The property in...