When most people think of real estate investing the first thing that comes to mind is HGTV and flipping houses. The truth is that this is only one small niche within the real estate investing industry. There are numer...
Hi all,My partner and I are looking to buy investment properties in Alabama, specifically Birmingham. We are both out of state investors. We both own 1 property at this time. I had a few questions and would appreciate...
I own SFRs in Humble, specifically choosing that area to invest and live because of the lower flood risk, but haven’t bought yet this year for lack of deals meeting my strict criteria, so I have some capital.
What i...
I have just had two applicants that one does not meet my criteria, and the second does but the situation sounds very fishy and suspicious. They have both used my Apartments.com listing to submit an application for th...
Hello all, This constitutes my first post on BP despite listening to the awesome podcasts for a few months now. I am seeking some advice regarding a rental property in my portfolio. Here is the scenario, The property ...
BP how goes it?
I'm currently on the prow for my first SFH (long term intentions in mind). I'll be buying in the Wayne/Westland area of Michigan.
According to my agent, as well as a co...
Ok, real estate agent rant after drama once again on closing a loan. How loans should be: Approve a loan with a specific buyer(s), seriously put them through all paces including tax transcripts, employer verificati...
Things have been slow trying to build my real estate portfolio through single family and small multi fam. I'm looking at a lot of opportunities, but after I run the numbers, I'm not really finding decent CoC returns a...
I found a property, 1.75 acres, it has a log cabin based house built in 1848, and a 1993 mobile home. The 63 yo owner lives in the mobile. Her now deceased parents used to live in the log cabin house. The mobile is d...
As Dodd Frank Act coming, I can see that LO investor should use MLO ( Mortgage loan originator) as our middle man to structure a deal. I used to close a deal in an attorney office. My question is if you put a MLO i...