Sam Leon
How to navigate if there are unfavorable comps
Try to make it short and concise if possible.Four unit condo building, individual owners. Units 3 & 4 owners are out of country owners, knew each other, bought units when market was low, and rented them out. I o...
Charles White
Advice for newbie, flip won't profit
Hello BP members,Here a newbie from WA that is in trouble. After studying for many months the possibility of buying a house through a foreclosure action I finally did it, and even though I knew about the risk and repe...
Jennifer Hudgins
Property Managers BS fees
I seem to be spending lots more than I want to on my properties since I starting using a property manager. Anyone else have this problem?
Brandon Ribeiro
not enough money for closing costs AND down payment...
Hey BP, i'm looking to buy my first property and plan on house hacking it. The property is a 3 bed 2 bath in Manayunk going for 229k. It is fully rehabbed and in amazing shape- I know I can get 750 per room bringing t...
Account Closed
Crawl Space Moisture/Condensation
I'm working on a rehab for rental and pulled up the flooring (vinyl floor and carpet) and noted there was a ton of moisture (wet) in the existing wood floor. The house when I bought had been vacant with utilities shu...
Shiloh Lundahl
What have been your very best landlording tips?
Over the past couple of years we have focused mostly on flipping houses in Arizona. But starting this year, 2017, we are now starting to pick up rental properties that we are turning into lease options. So far we ha...
Jackie Lange
The Artificial Housing Recovery
Interesting articles about what's really going on
http://www.theburningplatform.com/2014/02/02/warped-distorted-manipulated-flipped-housing-market/
Looks like house flipping (buy, fix sell rehabbers) wi...
Nadirah Dawson
Got my first wholesale deal! Now how to close it? Yikes!
Hello All,
So I found my first deal! Kept driving by this house that showed the signs and finally got the nerve to speak to the owner. He is an older man (so sweet) who just can't maintain the property anymore. Now h...
Rohan Attravanam
How I failed my first deal !!
Learning: NEVER sign a contract if you are not comfortable with the contents, no matter how bad you want the property.I was a typical BP newbie. Searching for financial freedom, I stumbled upon rental properties as in...
Sebby Gabre Madhin
Sellers trying to cancel contract during inspection period
Hi all-I just wanted to run a problem that my partner and I are running into during a double duplex purchase. Properties are in Central Florida.We recently went under contract for a pair of duplexes off the MLS, and ...