Hello, I am in the process of fixing up a 1978 mobile home that I purchased last year (it came with tenant who gave notice last month). I bought the property mainly for the value in the land (located in a highly desir...
Hi, I am considering relo to Colorado. The laws about pre-forclosure "consultants-purchacers" are extensive! Co state has a huge "consumer awareness campaign".The seller can cancell a contract at any time. A public tr...
Hello Everyone,
New guy here from the Philadelphia suburbs and I’m looking to learn as much about flipping houses and selling them for a profit. I was introduced to this site from a coworker a...
I will be signing a contract with contractor tomorrow for home repairs prior to renting (hoping I can find tenant by Feb 1). Couple of questions:1. Is paying by cash a good idea for ~$2000 repairs as the contractor is...
I found a property that seems to be an awesome deal, but I think it's abandoned; it's in an area that I visit a lot and I haven't seen anybody enter or leave the property in months. I even knocked on the door for abou...
Dear BP Members,
I'm new to BP, and although I work in the investment world full-time, REI is new territory for me. For those who've found success in REI, please describe your first financing deal? Also, what is your...
Ignorant Newbie Question...
Just out of curiosity, has anyone included verbiage in their rules, or as a card in their welcome binder simply asking the guest to please not misuse or trash the place?
What about puttin...
Hi all - first post here, but not new to the community! We have 3 doors in Winston Salem, and are exploring doing our first purchase that would involve a rehab. I understand the high level strategy of the BRRRR method...
Hey,I recently been using QuickBooks for my rental properties, but I still don't really see a big need for it? Will using QB be beneficial for my business? Someone told me It will help me get Business loans in the fut...
When working with Tenant-Buyers I've gotten some questions about rent credits and why they aren't offered when buying one of my properties. While I do offer a certain percentage towards cc at settlement it's not on a ...