Stephen E.
Fridge Out
The fridge has stopped working at one of my units. As landlord am I liable for the contents? The tenant is pushing for payment.
Kenny Boyd
Selling vs Lease Option vs Lease Purchase
Hello BP! I'm fairly new to this site. I just finished a single family renovation and about to list it for sale($165k). I was approached by a couple interested in a lease option/purchase deal.
I've never d...
Jeet Sangha
distressed office building and how to go about it
Theres an office building with 20 office spaces. from pictures it looks like it needs complete renovation. asking $1mil. rent in area is $15-18 sf/yr. it's off of a freeway exit in a C- neighborhood. sf is 11000 and l...
Andrew McManamon
Creating time management skills
Hello BP,
I’m a 19 year old looking to have a successful career in real estate. Currently I work 35+ hours a week as an associate at the Home Depot (to gain knowledge about home improvement), along with being a licen...
Joe Conklin
Mortgage Fraud Question
Would the following scenario be mortgage fraud?Acquire a property 5% down conventional loan on a property that is in a state where I work. I plan to live in this property for a year and then rent it out. One month l...
Gabriel Dannemiller
First property advice
Im a 20 year old college student with 6k in my bank account. I have a family friend who is looking to sell one of his duplex’s because he is getting older and tired of dealing with tenants. He has expressed that he is...
Fotios Filacouris
Chapter 13 Bankruptcy prior to Closing - What to do?
Hello everyone,I am in the process of purchasing a home in Nassau County, NY (Long Island). This is my second home and have found a pretty good deal on Colonial with relatively low taxes (which is harder than it sound...
Brittany Kuschel
Getting started: Longest Live-in Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $225,000
Cash invested: $15,500
Sale price: $275,000
The longest LIVE-IN flip in history! Really though, I spen...
Kurt G.
How do you handle FHA seasoning on quick rehabs?
Being new to REI, we found out about FHA seasoning requirements only after we had a property up for sale a few weeks short of 90 days of ownership and under contract with an FHA buyer right away. We intend to stick w...
Andrés Medina
Privately Financed Mortgage Notes
My parents are facing the following situation, looking for help.They bought a home in May of 2000. Privately financed mortgage from the owner that they bought the house from with balloon payment due in 10years at 8% r...