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I have a funny tenant story. I need you guys to tell me how you would deal with it since its an example of the little expenses that can eat up your profits.
My tenants were complaining loudly and often that their ho...
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Hi All,I wanted to get a second opinion on this topic. I recently graduated from college, and am currently living in NYC. I started with about 90K in student debt and now have under 40K left to pay. I am saving each...
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Hi - I, too am transitioning from SFH to apartment buildings, and would like to see what kinds of LOI's are out there.
What language, due diligence exits, and other concerns are you using in your offers? Actual exam...
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Hi BP
Are you a REI? Do you have your Real estate license?
If NO, why?
If YES,
1. Are you an Agent or broker?
2. Where do you work? (Big/small brokerage, own your own)
3. Pros and cons?
4. How much of your Inve...
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Hi All,My partner and I met with our first private lender yesterday, he was very knowledgeable, successful and in general a good guy. We were throwing out questions about REI and came across wholesaling and he said t...
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Hi folks! This is my first post on BP (yay!) I appreciate all the advice on this platform and love being a part of this community.I just came back from Las Vegas where I was looking for my first investment property. I...
I have a property under contract and an issue came up with my end buyer. He is unable to take the property because of an unexpected problem on another house he is rehabbing. When talking to the seller BEFORE getting i...
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In July 2011, I sold a SFR in a small town in NC. The selling price was $87,900 and the buyers had a downpayment of $19k+. I financed the balance. The payments were to be made every 2 weeks (at their request, since t...
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Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...