Michael Baybut
Bank REO purchase strategy
Hi,
This is a bit of a follow up from my previous post. I'm very interested in a REO property that's about to come on the market soon. I tried to buy it as a SS but it ended up at foreclosure. The bank had accepted my...
Alex R.
Where the real profit in flipping comes from?
Well, I hear that flip itself doesn’t create profit and time and effort spent make the property sell at faire market value.
Meanwhile flip is not (or should not be) dependent on house value appreciation.
So when you...
Adam Smith
Techniques: Getting the bank to accept your offer
I'm sure there are a few posts for this floating around, but I wanted to bring it up again and open up some ideas.
How do YOU get the banks to accept your offer, either short sale or REO?
My first (and only, to da...
Thomas Lundy
Should I sell or rent out
I'm newbie to all of this. I have a rental property in Austin, TX that has almost doubled in value since purchasing in 2008. I Have had amazing renters for the last 4 years that have said they are moving out. My wife ...
Kevin Charles
Is turnkey for a newbie the right way to go for rental property?
Hello all, I am interested in buy and hold strategies however I have zero experience in buying any type property. I am interested in getting my feet wet and I am trying to decided which course of action would make the...
Josh Edwards
How can this market continue seeing such highs?
Hey guys,I’m relatively new to BiggerPockets and I am having a hard time understanding our current market conditions. I am from Long Island, New York, last summer due to COVID there was lots of cash buyers entering th...
John Hall
Mobile Home Park Flip - May have bit off more than I could chew.
Long time lurker, first time poster.Park is 20 Units, all but 2 are park owned.Paid 215,000The PLAN was rehab units, fill occupancy and sell the park when it was stable for around the 4-500 mark.Fully rented the park ...
Matt M.
My tenant annoyed I’m working and making noise
Morning all.. so here it is, 9:15am on a Sunday, I’m drywalling the kitchen of a half double I own and am rehabbing. I own the other half also. I waited until 8:45 to start working. My tenant in the other half just te...
Marc Latreille
Absurdly good deals in Chicago
So I am browsing properties all over the country, lately realizing that Chicago has ridiculous deals... I know it is a city with a lot of crime, that most of these areas are really rough...But how bad can it be? Build...
Christopher Cadenhead
Property management issues
Hi I’m having a problem with my current property manager does anybody know what the consequences of firing current PM before contract is up?