Anton De Vries
earnest money
2 questions about earnest money during foreclosure.When bidding on a foreclosed home on the court steps,when your the winning bidder, and your bid is recorded, you place your earnest money. In NC there is a 10 day per...
Minka Sha
50 percent rent increase OK?
I live in midtown Sacramento and pay low 700s for 1 BR. Recently my neighbor got a letter for her rent going up from 700 to 1090, an increase of over 50%!!!What are some ways to avoid this or negotiate before I get a ...
George Jeffors
Inherited Commercial property need help financing life change
I just inherited and took title to a 2 million dollar 7 unit apartment building in Beverly Hills. I had been managing it from Nevada for several years prior to my mom passing and last year we put a100K into it in ro...
Kenny Ramsey
Advice on 150k liquid cash
I’ve been blessed to work myself into a situation to reap 150k in liquid cash with a near perfect credit score. I’ve very interested in real estate bc I’ve been in the construction trades my entire life (enjoy it as w...
Chinmay J.
Short sales . How would you experienced flippes handle this?
I recently made an all cash offer (with the help of HML) no contingencies except Short Sale Contingency, and Well and Septic contingency for a house that was listed at $129,000. My offer was $90,000. I got a counter o...
Jenny Cross
Estate- what to do with deceased dad's house?
My dad and his wife recently passed away in February. And since then I was made the executor. They left behind a mobile home that their upside down on. They owe first mortgage $66000 and second mortgage $35500 and rea...
Trey Bagby
How old is too old for a rental property?
My real estate agent just sent me a listing that has the potential to make a really good BRRRR, the only thing that concerns me is the house was built in 1920. Any advice or things to think about when buying a propert...
Manoj N.
A burned carpet and lease extension
My tenant just informed that he accidentally burned holes on the carpet. Apparently this happened a month ago and he was afraid to tell me. His lease is expiring next month, and we were negotiating for an extension. H...
Joshua Wynn
Do Army Warrant Officers make good real estate investors?
That’s a rhetorical question because of course they do and I’m going to be proof soon. Good afternoon BP friends. If you haven’t guessed I’m an Army Warrant Officer that’s delving into real estate now. I’ve always bee...
Jeff Wells
CONTRACTOR PUT A B.S. LIEN ON OUR PROPERTY, NEED ADVICE.
Ok, here's the story. We are rehabbing out of state. This has proven to be extremely difficult and stressful. We hired a contractor to do a job for $1300. He did the job, we paid him, but there was much more that n...