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I just completed my first deal after years and years of taking no action. It's not a homerun, but it's my first and I'll take it. I bought a REO from the MLS with a partner. We were originally looking at cheaper con...
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Hello! We just found ourselves in a new situation, and I wanted to seek advice from those who have experienced something similar.We recently purchased a new build home in August 2022 in Colorado Springs, and we have ...
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Around here the banks offer $500 “Cash for Keys” to foreclosees if they will vacate quickly and leave the premises “broom clean”.
How about you landlords out there? Do you give any monetary incentives to avoid forma...
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I'm preparing to show an apartment to several potential tenants tonight and I'd like to run credit/background checks on anyone who applies.From the services I've explored, it seems your average suite of reports comes ...
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We have all seen those "I buy houses for cash" signs. Do any of you have experience with them? How have they worked?I began to think that it might be better to create a company name so that when people are ready to se...
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What is a safer bet, investing in commercial buildings, or investing in residential properties. If you become a local landlord to shops in a town, would that be better then if you had homes there?
Thank you.
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What's everyone's stance on having their renters carry renters liability insurance?
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Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
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Should I find a new real estate agent?Small Multi family deals are hard to find in Atlanta, not seeing many deals that are even close to the 1% rule. I ran a property I was looking at through my spreadsheet that accou...
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Hi guys, does anyone have experience with the "right of redemption" law? So what I am wondering is if a Judicial foreclosure happens and lets say the house is worth $200k. They for whatever reason let it go to somethi...