Burt L.
Uncle Quit-Claimed House to Nephew, Who Wont Pay the Mortgage
I was contacted by the uncle, who made the obvious mistake of Quit-Claiming title instead of doing a Contract for Deed, etc. The Nephew has refused to pay the mortgage or to respond, and has said he will be there unti...
Cody Evans
Craigslist Wholesaler Advertisement Help
Hi guys and gals,I am now in the business of wholesaling properties so I can build up experience as well actually doing something pragmatic so I don't get analysis paralysis while gaining capital for my first rental ...
Pamela Rickey
Should I lose a bedroom so make bigger closets, etc.?
I am in the process of buying my first house to flip. It has 2,000 sq. ft. and was built in 1921 in a neigborhood that has been gentrified. Mostly Yuppie couples. Most of the houses that have been remodeled sell fairl...
Ming Lim
Reserve Fund Estimate?
Hi BP!
I'm working on some calculations for an apartment building. 6 story, approx 30 units. For an SFR, I typically keep about 8-10% of the homes values as cash reserves. What rule do you use for a large mul...
Cody Kauzlarich
Difficult finding investment property in Des Moines, IA
My wife and I are attempting to find a flip in Des Moines, IA to build capital for a buy and hold. We have made a few offers but have been unable to reach terms on any properties. We've been looking for about 6 weeks ...
Matt McConkey
Seller finance v. Wholesale? Can't decide what to do.
Good Evening BP members! I've got a quandary and I'm hoping to get some clarity. We've got an opportunity that sits as following: Seller wants to unload his four properties. He's getting older and no longer wants to b...
Russell Brazil
What Ratio Do You Use In Baltimore City?
What ratio are you Baltimore investors using to prescreen deals in Baltimore city? In other Maryland counties I typically use the 1% rule and it turns out fine. But with the insane real estate tax rate in Baltimore ...
Matthew Bailey
Direct Mail in South Carolina illegal? Non-solicitation state?
I would like to send a direct mail marketing campaign into South Carolina to try to purchase properties. When I try to download the data I get a notification from RealQuestPro: "South Carolina law prohibits the use o...
Chris Bingham
Exit Strategies for a redeemable lien on empty land
I have a tax lien question. I own a tax lien certificate on a .25 ac strip of land that does not seem very usable except to the owners of the adjacent lots. I have paid the taxes for several years and can now apply to...
Kumar Gaurav
Zillow skewed zestimate
When house hunting my first home I used zestimate as a ballpark estimate in placing offers .Now that I am planning to sell my home I see that zestimate is awfully skewed as other highly similar homes in my neighborhoo...