Chris Cantrell
Out of country for Inspection + Closing
I have located a property which fits my criteria and I think I can get the owner down from 325k to 300k.
One possible issue is that I will be travelling for a month (out of country) starting Sunday. I want to...
Eric Yu
Rehab / Flip Consultant? Mentor / Help?
Hi all!I'm in the process of my first large renovation (beyond cosmetic), and I'm feeling a bit overwhelmed by all the choices & decisions that need to be made. Given that we made the purchase with hard money, we ...
Ron Collier
Excessive electric bill
Florida Landlord has a rental unit where utilities are the responsibility of the tenant and are in their name (as written in their lease).
Tenant reported to landlord a high electric bill, and said they called the...
Jim Meloche
Current Rates for Rental Props.
Good morning - I am in MI and have a couple SFH buy and hold deals developing. I am finding it tough to benchmark current conventional rates for investment property - lenders seem all over the board on this, form 3.8...
Charlie Hulme
New BP member from Austin, Texas
Hello everyone,
My name is Charlie Hulme, and I'm new to real estate investing. I've been lurking for a while here on BP, and finally decided to get out there and network with this amazing community. I'm by...
Mindy Jensen
Question about Adverse Possession Timeline
I was talking about real estate with a friend this weekend, and the subject of Adverse Possession came up. (In a nutshell, if you are possessing a portion of someone else'e property, after a certain amount of time, yo...
Ariel G.
Cash on Cash Return on Investment
Hi. I'm looking for the experimented people's help. I'm looking for your feedback on CoCRoI calculation.CoCRoI: (Cash Inflow - Cash Outflow) / Cash OutflowBeing....Cash inflowSelling price - pending mortgage = Selling...
Rene Delgado
Who's Responsible for Homeowner Insurance on Wraps
Hi All,I'm set to close on my first deal early next month and am really excited. I've learned a lot during this first deal, most of it through trial and tribulation. I ran into something that although it was a non is...
Joshua Dorkin
E-Mails Legally Binding According to NY Court: Naldi v Grunberg
If you negotiate real estate deals via email, be aware that “handwriting and email should now basically be considered one and the same," as a result of the Naldi v Grunberg case. E-mails may become legally binding ...
Cordell Huebsch
Converting a 5 plex into 4?
Hey all! Just a noob so please bear with me! In the process of purchasing a 5 plex older home. We will use traditional commercial financing to make the deal work (5 year balloon). My question is, with the impendin...