Andrew Pensch
What would you do if you were in this situation?
Hello everyone,I recently purchased a property in Vero Beach, FL for $129,700. The neighbors across the street want to buy the property from me as-is for $145,000 for their parents. The house is a 2006 and just needs ...
Daria B.
2nd pos (gap funding) on REOs
Hi -I'm looking for structure from those who have done this - provided (gap fund) funds for an investment (REO) where the initial funds were supplied by another investor. As the person supplying the "gap", so to speak...
Ben Colangelo
Mutual funds investing
Hi, I was thinking about putting additional money into a mutual fund. If I want to invest in real estate in 3-5 years is it a good choice to put the money in mutual funds that are gaining a good percent ( not as good ...
Mike Malicad
Help! Contractor abandon us...
Hi bp family! The builder we hired is not responding for 3 weeks now after we paid him additional money for a project he started here in chicago illinois. What action should we take? He has been ignoring our calls and...
Alan DeRossett
Addition on 2 4 unit buildings to 5 unit with EV Charging
I can now remodel and add an extra 1,100 sq ft to each building for a 9th and 10th unit only have a mortgage
on one Building so can raise additional money easily to do the build-out. Also upgrading the Buildings with...
Charles Situ
Contractor that raise agreed price after taking deposit.
I have a roofer that realized that he underestimated the scope of a roof replacement after he accepted my deposit and now he is asking for more money. Even with the additional money he is asking for, his price is stil...
Andy Chen
Water Fee & Fair Housing
Good morning BPers.My property is in CA. I need your advice. I have a unit which has 4 people on the contract and now it has 6 people. The original lease is including water. We found out the additional tenants due to ...
Scott H.
Pay down mortgage or put cash away for investing down payment?
I am trying to decide if I should pay double on my monthly mortgage amount on my residence to pay off my mortgage in 7-10 years OR put that additional money into a savings account to save up for a down payment on my f...
Justin Kerstetter
Investor looking to start a Handyman Business
I am a fairly new investor that is looking to start a part time handyman business. After reading numerous books by other investors it seems like one of the common themes is finding a handyman/contractor that does good...
Wesly Peterson
Earnest Money
Is Earnest Money a part of the purchase price, or is it additional money? Additionally, is it ok for me to write in my contract that Earnest Money is the responsibility of the Assignee?