Amanda N.
Terrible first deal?
Looking at buying an AS-IS out of state 10 unit apartment complex, listed at 80k (tax value) cash only, I know we can it get for 65. It's a disaster and from our inspection, estimate it needs 60K to rehab. We know and...
Paris Wilson
HAS ANYONE EVER DONE A BURN OUT PROPERTY?? PROS & CONS
Good morning BP brothers and siters.. I am currently analyzing a burn out property for potential complete rehab. I have never done one before, but I have seen that the opportunity can be great and bad. Property is in...
Louis Walker
Trembling In Newport News
Hello All!
I am a bit worried about entering the game right now with all the forecasts of different crashes, inflations, and possible fraudulent claims of the federal reserve... How do you weather a storm you haven't...
Garen T.
Getting asked about a companion dog for existing tenants
Received an e-mail this morning from my existing tenants. They have been there for 2 years and I allowed them 2 cats for which they had doctor notes for as companion animals. The letter today had the following element...
Rebecca Graziano
Sub2 or Finance an investment?
Hello folks!I got a lead on potential sub2 situation that is an older couple with a house worth about $325k ARV. They have $100k HELOC and have shared with me they are concerned about retirement, just want to move to ...
Chris Mason
The "I must think about refinancing" crew missed out? Nah...
Well, in the short term, yeah, they did! The "We must discuss this with our mother-in-law" crew did indeed miss out in the short term. They didn't take their LO's calls, they didn't respond to that text, they mucked a...
David Lee Hall, III
Learning the Hard Way
This isn't about what investment to buy or how to find a lender - rather being safe. This morning I had a double closing on a property. I was the middle transaction on the deal and had coordinated inspections and test...
Account Closed
Seed Capital: What is the best source of Seed Capital
I am looking for the best sources of Seed Capital. Some people told me about hard money lenders, but I think it would be better to look at other options. Options that I am considering include forming a group of invest...
Jonathan W.
Upgrading After Damages
Let’s assume that the tenant has animals that ruin the laminate flooring. The flooring is unsalvageable.What if then I wanted to upgrade to vinyl plank flooring only because I have to replace the floor so I might as w...
Kimi McCarty
When over the counter Tax sale information is hard to find.
Since I live in California I'm researching over the counter properties in other states where I have friends that will go do a drive by for me. I just had a friend move to Virginia. According to my research Virginia ...