Shannon Garces
New at this...need help
New investor and first time home buyer (looking for first flip). Found a $200,000 short sale in neighborhood that houses go for at least $400,000. What do I need to know before putting in an offer
Jereme Olive
A investor who needs help
Hello BP family, I recently came into contact with a potential seller through "cold-calling" who is actual an investor. Great start right? Not exactly. When we had our initial conversion with thought we had a motivat...
Terri Shields
Underwriting for 30 Units
Good evening BP!I am underwriting an Indianapolis Class C community propertyTwo buildings, totaling 30 units (studios and 1 BDRM/1BA)Initially I began negotiating by providing the seller a letter
explaining my under...
Bryan Hancock
Reduced Deposits In Trade For Tenant Work On Property
Have you guys ever agreed to reduce tenant deposits in trade for them doing work on your property? Are there any pitfalls to doing this?
Steve Saussier
Buying house with black mold - options?
Hi all,
There was this house that was left empty for couple of years. Some water leakage happened and black mold appeared.
It was on some walls and whole ground floor.
Some buyer bought it off the auction but cou...
Bienes Raices
Question about providing lawncare (liability)
If I hire someone to do the lawncare for the tenants, what do they need to have? A corp. and liability insurance? Or do they need worker's comp too? I think Florida doesn't require WC if the business has three employe...
Shawn Mcenteer
Pay off mortage fast or collect cash flow for new unit
I am looking for feed back on what looks to be a debatable topic: Do you think it is best to pay off your rental unit fast and be free and clear or save the cash flow for a new unit so you keep growing your portfo...
George P.
Dead tree issue
There is a dead tree (tree expert estimated it's been dead for several years, but we just moved in) in the woods that needs to be removed and I am not quite sure if it's on my property or my neighbor's property. (ever...
Annette Hibbler
Using AMPS (Assignment of Mortgage Strategies)
I'm very intrigued by the concept of using AMPS to build my own portfolio as well as sell property quickly and easily using owner financing, with very little outlay. Was wondering how many investors have actually uti...
Joe Mancuso
How to find my first property?
Hello, my name is Joe! I live in metro Detroit and I am looking to get some pointers on where to look for my first investment home. I am an experienced carpenter as that is what I do for a living so I plan on doing a...