Marcus Summa
Does a "subject to" deal forces a reassessment of the property?
I am considering buying a house on a "subject to" transaction but there is one big aspect of this transaction that can make or break the deal.Does the house get reassessed? If does, the new property taxes will kill th...
Account Closed
REO Lien Question
I am in the process of purchasing an REO from BANK XXX. There is no lien on the current owner (BANK XXX), but there is a lien on the prior owner who was foreclosed on. The lien is for past due HOA. My main concerns ar...
Darek Michnicz
REI friendly Real Estate Agent in Columbus, Ohio
Hi folks
I'm starting Real Estate Investor who looks to buy his first property in Columbus area.
Could you folks, give me some propositions of good REI friendly RE Agent from this area?
Arun Kumar Balasubramani
First Deal Not sure? Any help would be appreciated
Hi,I think i found a deal , I am not sure if its good, Any response would be appreciated. Area is Tucker, GAProperty Type :CondoPurchase Price :62,500HOA :283/MonthInsurance:50/MonthTax : 50/MonthRent :850 /MonthVaca...
Erika Unhold
contractor bid only gives labor cost-guesses on materials?
Hi All,I got a bid back from a contractor in Florida that is labor only. Seems like I have heard that you can make a rough estimate at labor, based on material cost (2-3 times materials = cost of labor). I have trie...
Daniel Lozowy
Yellow Letters Follow Up
Hey BPers,
I sent a batch of handwritten yellow letters to a list I built. Got a few responses. I want to follow up with other mailers to the one that didn't respond. What is the most effective strategy; Is it best t...
Joanne Lo
Areas in Sacramento
Hi everyone, I am considering investing in a rental property in Sacramento. A cursory look on zillow (which I understand is not super accurate) shows some good opportunities when I put them into my rental ROI calculat...
Ryan Ahlgrim
Rent To Own Questions
I've been doing some homework on how Rent To Own for a landlord works and have a few questions for anyone with experience doing multiple RTO deals.1. What is the percentage of renters who actually follow through with ...
Steve G.
Using an overseas return address for Probate letters?
Hi BP Members, I'm just about to send out letters to my first Probate list. I appreciate some comments on the following questions regarding probates:-Is it a requirement (or even a recommendation) to put a return addr...
Milton Granados
Fourplex Exit Strategy - Texas
Happy New Year BP! I'm seeking advice from the collective genius of BP regarding an exit strategy for a fourplex that I bought in April 2017 using an FHA loan for house-hacking/rental income. Going through this proc...