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I've been doing a lot of deal analysis and keep running into negative cash flow unless I cut my purchase price by at least 40%. Is this why everyone talks about needing to find off-market deals to get a price that goo...
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Hey guys, Just moved into a new place in Orange County. My landlord had the gas disconnected. When I moved into the place, I called the gas company to have the service set up. They cannot set up gas for another 16 day...
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What is FHA's 90 Day Anti-Flip Rule?Question: What is FHA's 90 Day Anti-Flip Rule?For a number of years now, FHA has enforced a 90 day anti-flipping rule which prevents an investor from reselling a home to a buyer usi...
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Hello BP community! Cynical newbie investor question. If you're working with a realtor who is also an investor, and they find you a good investment property, what's to stop them from taking that opportunity for themse...
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As part of a study a colleague from this site and I are doing on LLC’s vs. Sole Propriety legalities here: http://www.biggerpockets.com/forums/52/topics/75182
I am wondering if anyone can recommend liability insuranc...
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Fellow BPer’s I need some help with my situation. Any ideas, thoughts or opinions are welcomed. I am trying to decide if the time is right to quit the 9-5 job and jump into Real Estate full time.In May 0f 2014 I acqui...
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Hi there,
I'm 24 years old and am very interested in getting involved in some REI. One of my Uncles has been successfully flipping houses for the last 13 years and lives a very comfortable life by doing this.
L...
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I have a strict no pet policy, but lately prospective tenants have been saying "but my dog is a service animal." Is there a legal definition in my state of Michigan of a service dog? I don't think I can even ask a pr...
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Hello, I recently rehabbed a house to sell and is now pending. When we listed the house, we put in the remarks that the house was sold AS IS. Inspections went fine, and we are about 1 week away from closing, but my ...