Chandler L. Parker
Owner Financed Airbnb - Good or Bad strategy?
What's up BP!
Last Friday in my search for a willing landlord to start my Airbnb business I found a seller willing to owner finance the property. The list price was $284,000 for about three months then got dropped to...
John Brown
Bank REO 40% rule ?
I wanted to know is it true, when making your offer you start of with 40% of the asking price? I mean is this a good rule of thumb for reo flips?
Jeffrey Valancy
Fha streamline: escrow cashout or lower monthly?
I am looking into a fee fha streamline options. I currently have 5% interest and pay 1758 per month. I'm working with two lenders, one says he can get me 4.5% and a check for my escrow balance of 4000. The new monthly...
Henry Der
Looking to invest in Ohio and would like to get market feedback
Hi, I am looking at investing in Ohio, single family home rentals. In particular, the area of Lima and its surrounding area. One scenario floated across to me are homes in the 25-30K range with rentals around 300-40...
David Tsariov
Lenders in Cleveland
Hi everyone,
Does anyone have any suggestions for experienced lenders in Cleveland, that work with foreign investors?Also, wondering if it makes sense to look for companies offering loans under 75K of property equi...
Simon D.
Carpet runner on stairs
Hey everyone,
I'm looking for some advice and suggestion. I got an email for my tenant regarding my carpet runner on the stairs.
Hope all is well. We noted lately that the staircases are slippery, probably the carpe...
Aaron Phillips
Handyman Special - Duplex (First Investment)
Hello BP, I have been doing some studying of my area looking for my first property to invest in and stumbled across a Handyman Special Duplex, and the seller said it's a clean title $5,000. The reasoning for selling s...
Gloria Deere
IF AN PROPERTY IS LAND LOCKED WHAT CAN YOU DO WITH IT
I purchased a Tax Deed and found out that the property is land locked and had an error in the parcels and folios and deed years ago.But when I called the Clerk office they said there is nothing that they can do abou...
Pat Saunders
HML analysis
Hey BP! My name is Pat. I've been a member for a while and have recently decided to take some action and acquire my first buy and hold property.
The home is in an Atlanta suburb and asking price is 85K. My agent sta...
Jason Malabute
SOLVING PROBLEM MINDSET
The reason why people sell their property is because they are experiencing a problem. The bigger the problem the bigger the motivation and discount. People sell their problem property and never their best properties (...