Timothy VanWingerden
Trying to back out of a contract. Help!
Guys, I recently signed a contract on a 4plex and I am now having second thoughts. I got in touch with a landlord in the area, and he is willing to sell me his 4plex in the same street for 20,000 less than the one I a...
Martin Chavez
Registered emotional support companion
we received an application for one of our rental properties in Odessa, TX, which allows small breed pets for a $30 monthly pet fee. After talking to the applicants we found out that they own a pit bull Which happens t...
Account Closed
What are my options? REO short sales?
I currently can only get approved for a 54k loan at my local credit union because my income is so low being a server. I do have some cash reserves I have saved up but plan on saving them for the Rehab of the house and...
Jawad S.
BPO's
In which case(s) does multiple BPO's get done in a short sale?
Ryan Copeland
Why are investment properties Selling So FAST?
Hello BP,
I've been working diligently the past few months to pick up some investment properties. It is baffling to me at just how fast the properties are selling!! Properties are selling above asking price, lots ar...
Account Closed
Strategy Talk
Hi Everyone,I wanted to start a discussion on real estate investing strategies. I think a lot of people start investing without one, or just don't know what might be an investment strategy. I will start with my strate...
Johnny Kula
When a deal looks almost too good to be true?
So the multi-fam property is already positive on NOI. Was recently rehabbed. Has long term tenants that want to stay. Price is about or slightly under market. The downfall... not a great area of town and no parkin...
Ashley Baldock
Non qualifying applicants
I just rented out my first rental! I kept the application paper short and didn’t state qualifications on it. I did give verbal qualifications that were: gross income of 3x the rent and a credit score of 580. On the ap...
Justen Ashcraft
Why would a duplex be foreclosed on?
The question I am wondering is, why would I do better? How can someone fail at renting. Duplex? Did they not maintain tenants or the property?
I have the potential to purchase a duplex for about 60k in good shape. But...
Noah Chojnacki
Getting Around HOA Short-Term Rental Restrictions?
I am trying to get into the VRBO/Airbnb business and I am having a hard time finding places that allow short-term/nightly rentals. A lot of the HOAs in the area have restrictions on short-term rentals. Does anyone hav...