Account Closed
back patio sliding door
I have a house in Henderson, NV. The back sliding door won't lock. It's very difficulty to open and close the door. I'm sure there's a way to remove the door to fix the wheels on the bottom of the door but I don't ...
James Free
How does foreclosure work in second position?
Google the foreclosure implications of being a debt-holder in second position, and you'll find a bunch of articles explaining that if the house sells for less than what is owed, the person in second position gets scre...
Gene Hacker
Passing on cost of serving notices to the tenant
I have historically served 3-day notices myself. But as I attempt to systemize, I plan on hiring this out going forward. If I have to pay a process server $35 to serve a three-day notice, can I add this fee to the t...
Brian Gibbons
News - Millennials More Positive about Home Buying
Millennials getting more positive about homebuyingRealtor.com: More looking to buy, sales upTrey GarrisonJune 25, 2015 Millennials have become more positive when it comes to taking the plunge into home ownership and...
Lori Thedorff
Plans to acquire property accelerated by early passing.
Hi y'all,Original plan was for my condo to be purchased by me in a few years, but we made no contracts or legally binding agreements. We weren't aware at time of purchase that I could have been put on the title as par...
Peter Ravn
Upper West Side Condo Buy and Hold
Investment Info:
Single-family residence buy & hold investment in New York City.
Purchase price: $700,000
Cash invested: $80,000
This deal entailed the purchase and re-position of a condominium i...
Dante Devine
HOA to Bank Foreclosure payoff. How much sshould I ask for?
BP, I'm in an interesting position. When I was young and dump (about 5 years ago), I paid $5k for an HOA foreclosure sold at the courthouse steps in houston tx. The current owners before I bought the place still had a...
Milton Rivera
Determining Leverage Levels
Hello BP,I was wondering how do you evaluate/determine your comfort level with regards to leverage. Typical SFH lender guidelines allow for (75-80%) leverage on properties and consider your debt to income ratio. Por...
Michael Mulroy
Strategy for Property #3
I am looking for advice on adding my next property. I currently have two condos with the following financials:Unit 1: cash flows positive $235/mo, with about 10 years left on the loan ($23k remaining at 3.84%)Unit 2: ...
Joshua Schmidt
Needing suggestions for rehab funding
Looking for suggestions...so, relatively new investor here, we have about 6 units total. Our newest acquisition is our first to do with private money lenders. We had planned on using hard money to fund the rehab, but ...