I recently closed on a 203K loan and after all the paper work finally thought I was done once I closed. About a week after closing I heard from my contractor and he had not received any funds to start the project. M...
Greetings BP Community! I've been flipping part time for a few years and have done pretty well. I want to start getting more "passive" income (I realize it's not 100% passive) and buying cheap/high cash flow rentals. ...
Hey all, I wanted to introduce myself to the BP community. I have learned a ton from just browsing the site for the past few months and this website is an incredibly powerful tool.A bit about myself: My name ...
Hi BP. I have a potentially profitable situation but wanted your opinions. My realtor has a property he wants to sell for $15K. He tells me it appraised at close to 42K. The rent is $525/mnth, but the tenant pays $575...
My out-of-state agent tells me this is normal for the neighborhood but I see iron staining all over the tubs and toilet and can't imaging a tenant being okay with this.
Questions:
Have your tenants been okay with ...
What to do with out of the area listed houses? From time to time I’ll have a seller reach out to me with a property that they desperately need to sell as soon as possible, But it is out of the area considerably many t...
I get it BPers love making money in real estate. but besides making money, how much do you like the business? I have been investing since 2001 and went through the roller coaster of 2008 crash, made money, lost money...
have you gotten your offer declined just to find out that later a offer of lessor value and with more contingencies has being accepted over yours? i would assume REO agents are playing favorites. this basically happen...
Hi there! I'm a first-time homebuyer and I'm under contract for a multi-unit and a coach house (I'm in Chicago). I'm wondering if it makes sense for me to form an LLC or living trust? My thoughts are that it will be o...
Hello BP community, I am considering purchasing a duplex here in Ohio. The major concern I have is it has a septic system. The current owner is having it inspected by the county health department. We both know it...