First off, I'm new to the BP community and I just wanted to say and give a slight intro about myself. My wife and I have been landlords for 16 years and now have three properties simply because we just converted our ...
Hello, I have a problem tenant and the latest is I have a failure to pay rent judgement against them. Today is the day I can file for eviction. Last night I get a text from the tenant saying I can come pick up the r...
Hello, I was wondering what the realities are if you find a property that an agent is working on and you think you can get a good deal on it by wholesaling. Does this bother most agents that you would try to wholesale...
Hello everyone,My story comes out of North Jersey where it seems that being a landlord is becoming more and more of a nerve-racking stroke-causing endeavor. My parents have owned and operated a 3 family house out of P...
Hello all,
I’ve been looking into note investing and am curious what everyone’s experiences are on BP. Notes seem to be pretty capital intensive due to the cash purchase requirement. For example, with $50,000 availab...
Are any of you short sale investors aware of Senate Bill 94 which was placed into action October 12, 2009? If not, you need to read up on it right now. While it only affect us in CA, other states are soon to follow, a...
For those of you reading this is a bit of a rant/story, followed by a couple questions. Please let me know what I SHOULD have done in this situation, so I can know better in the future. Thank you for reading. Th...
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...
Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occ...
Hi all,
I need help figuring out this process from beginning to end. My mother just inherited a small piece of land. It's 4 - 4.6 acres located right outside of Washington, D.C area. The location of it isn't as impor...