I am in my third year of being a landlord and things have been going well. I have a lease in place. I started with a standard lease provided by my realtor and added an addendum to cover things that I felt the standard...
Hi Everyone,I sent out my first ever yellow letter campaign through www.yellowletters.com to about 300+ out of state absentee owners. I extracted the list from propertyradar. It has been just over a week and I have no...
Hello Everyone,I am looking for advice on any loans I could get to purchase a fixer upper home. I am wondering if there are any loans that cover rehab costs as well? I am starting off in San Francisco with low money.T...
Hello my fellow BP members!
I was wondering if anyone has had experience with using FHA 203k loans to buy a semi-distressed property and what the requirements are. I'm also wondering what kind of rehabs you can take ...
I am a beginner looking to start wholesaling in the Charlotte area of NC. I have the basic concept down of how to do everything but I am still a iffy about what I need to do.
I have little to no money to put into who...
Hey BP, an agent found me a decent deal here in Los Angeles for a buy and hold. I told her I wanted to make a cash offer. She started asking me to see my bank accounts, etc... My question is, is this standard just f...
I was presented with an opportunity to buy 6 single family rentals (all in the same location, but out of state for me) as a portfolio. Each had been purchased and renovated to rental quality by the same owner 5 years ...
My property management company in Memphis wrote up a Lease Option contract on one of my SFR's in January 2011. The buyer/tenant gave a $4500 deposit and had 12 months to exercise his option. Well, 6 months into the co...
Closing on first rental property this week. We have requested seller to clean the property including all appliances before walkthrough/settlement. Is this common request or is seller expected to provide property reaso...
Just got an accepted offer in NJ and I’m faced with a weird situation.My lawyer prepared the standard attorney review and sent minor contract changes to sellers attorney. Seller responded “Refused! House is sold as-is...