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Assigning a Short Sale
Hi all. Has anybody had any experience in assigning a preforeclosure /short sale??? I always hear from people who say it can't be done but I've read that some people have done it but don't share HOW they did it. If y...
Max McNally
A Couple of newbie questions
I'm a new REI looking to buy a multifamily property for rental income. I've read the Ultimate Beginners guide, as well as Investing in Real Estate by Gary Eldred and I have a couple questions. 1. What are the pitfalls...
Mason Jeffries
Rental income... Do lenders accept it?
So I have been finding out the hard way that rental income does not always count when qualifying for another mortgage.I am house hacking our primary residence. Although I collect rental income from our long term tenan...
Darshil Parikh
Why are prices in Round Rock, TX not going up as much?
I’ve been in Austin, TX for 5 years now. Everything around Austin has increased in values. Why is Round Rock not appreciating as fast as other parts of Austin, Leander, etc? Is there something I am missing? As far as ...
Michael King
Starting a new relationship with investor and contractor
Good morning BP World,I have some exciting and nerve racking events on the horizon and I need some advice! First let me start by saying that I am a 22 year construction professional. I have worked, quite successfully,...
Michele Fischer
Owner Occupied Vacation Rental Multi
I have stayed in vacation rentals that are primary residences and they must couch surf when it is rented; that isn't what I'm talking about.
The recent podcast has my brain chugging about vacation rentals.
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BOB CRANEY
Is Multi unit pricing to high?
I have been researching recent sales in the Baltimore area for Multi unit apartments from 20-200 units and it seems the per unit pricing is to really high compared to the rent. With properties built in the 1960-1970 t...
Kenneth LaVoie
sell or keep?
I did an experiment where I bought a fc 2 family in an undesirable neighborhood. 27K, great shape, BRAND new bathrooms, fixtures, etc. All we did was put new carpet, linoleum, paint, THEN enrolled it in the HESP progr...
Danny Johnson
How do you currently get most of your leads?
I've noticed that whenever someone states that they do X number of deals a year or are working on X number of deals, everyone immediately asks how they are finding their deals. I wanted to start a topic that have the...
Sean Iannucci
Possible SAFE compliant "RTO" plan
The law allows us to do straight leases then give homes away to anyone who lasts more than X months. The problems with this method come from the fact that we want tenants to know upfront that they are working towar...