Colleen Hagarty
Buyer in default - Seller recourse?
Hello fellow BP'ers! Hoping you can lend insight and feedback on the following scenario: Seller lists home = 5/26. Seller drops price 3.6% = 6/15 (21 DOM). Buyer makes full price offer at reduced listing price = 7/6....
Cooper Raines
New stimulus bill & SBA Loans
When I first saw this, I believed it to be to good to be true. Included in the new stimulus is a clause that has been enhanced since the last stimulus. The long and short of it is that the government will pay for a po...
David Stremic
4 bed, 4 bath 3050 Sqft rentable?
My father-in-law lives in a $600k 4 bed, 4 bath 3050 Sqft house in a nice neighborhood in Durham, NC. He has about 20% equity and a monthly mortgage payment of about $3700 (a bad divorce got him in the situation). Is ...
Dan Mcguire
Washer and dryer rental-Section 8
Does anyone rent washer and dryers to section 8 tenants? I have the clause in my lease and section 8 approved the lease. They are now questioning the charge for the machines. I have a rental with a different section 8...
Leland S.
Over budget flip.. Exit strategy options
I am about 50k over in a messy flip I bought from a skeezy (think boiler room sales tactic, no RE knowledge) BP wholesaler (without doing due diligence because they set it up so you have to buy on the spot). Nonethele...
Account Closed
Long distance owner, no tech, how best to sign contract?
So I have a property I am looking to wholesale. The owner's mother no longer lives in the home. The owner is out of town and does not want to deal with it. The house is going as is, furniture plates and all.The issue ...
Barrington N.
New member intro
Hi! I've been a member on BP for a few years but I haven't been active on the site:( so now I would like to reintroduce myself! I'm full-time RE investor/landlord in Rochester NY. I love what I do most of the time lol...
Caleb Rehg
Do I Need to Get Theft/Vandalism Insurance for My Rental
I am in the insurance process and was wondering if I should get theft/vandalism insurance for my long-term rental.
Kyle R.
Pursue a judgment post eviction. Worth it?
Recently, I was forced to evict a tenant. Upon moving out, they accumulated nearly $6k in debt (past due rent, utilities, cleaning, attorney fees, etc.). As of now, I'm tossing around the idea of suing for money damag...
Pete Galyon
Another CASH COW $
Investment Info:
Single-family residence buy & hold investment in Ellijay.
Purchase price: $300,000
Cash invested: $70,000
Sale price: $450,000
BRRR method using an STR property that has proj...