So I signed a purchase agreeement for 189k.(I'm the buyer) This agreement didn't have any contingencies- Appraisal or Financing. The property appraised for 164k. The seller's lawyer said, they'll come after me for dam...
Hi BP Community, This is my first post and I am excited to have found such an active and supportive community. My 9 to 5 job is sales and I have grown increasingly frustrated with the prospect that I am making million...
We are just starting with our investment in real estate. We identified and entered into contract to purchase a property that would break even with the 30% downpayment that we are putting down. Naturally we were exc...
Hello everyone,
I'm new to this site here and although I'm quite new to real estate investing. I have attended a Rich Dad, Poor Dad real estate investing seminar and have read a few things here and there. What I'm loo...
The financial collapse that started in 2007 created a massive wave of foreclosure properties. Now, more than ten years later, most of that glut has worked its way through the system. Still, many bank-owned houses are ...
Has anyone looked into using a business to buy a commercial property? SBA financing is a lot better than traditional financing. In some circumstances, you could but a business with a track record and then use it to bu...
I use TurboTenant to manage my tenant engagement (leases, payments, maintenance, etc).I use Stessa to manage my overall Investment Assets.I have vendor/contractor contacts all stuck in my iPhone and interspersed with ...
Does anybody have an ideal on whether or not new Orleans la is a great market for multi-family units. If not then what are some other markets we should focus on?
Hello BP, I'm looking into using a HML for my first fix and flip since I don't have a lot of capital available. Ideally, I'd like to do a few of these flips in my hometown of Las Vegas or the New York Metro area, j...
We just put a property under agreement. It's a triplex. All units are currently rented, however, I just received the leases from the seller and there were no security deposits or last month's rents collected. Do I h...