Curtis H.
What would my repairs be in CA? (Pics)
Hey guys, based on these pics of the 1300 sq ft home built in 1940, what would you guess the repairs would be? Keep in mind I will have to add a bathroom.
It has a new roof and new electrical. That's it. ...
Leland S.
Dealing with a bad contractor
After paying my contractor 35k, I found his interior work was pretty shoddy. I already had a few issues with the contractor I pointed out and ask for discounts or refunds, but none were ever given, they just acknowled...
Ken T.
First real estate deal as a lender
Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...
John Thedford
How Difficult (And Smart) To Start A HML Fund--Am I Nuts?
I have been doing HML for a few years. Really enjoy it and the returns have been pretty good. Am I crazy for wanting to start a private fund for HML? I really don't know anything about it except it requires SEC paperw...
Enrique S.
We got a call from Renatus and we were shocked...
Hi BP members!! This will be our first post so please bare with us. So we received a call from a lady working for Renatus called Christina and she offered the mentoring we were looking for. She asked a series of quest...
Cal C.
Reserves are almost an absolute necessity!
They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...
Julian L.
Rehabbing Kitchen Estimate - is this a fair price?
Hello!I'm looking to rehab this kitchen and found a contractor I really liked. This would be a place I will be living in for a while and I want to be sure it's done right, not cheap. Here are some photos, so you have ...
Kelly N.
WIRE FRAUD- Warning, a new scam on investors
Hello BP-We are currently under contract to buy a house, and I received an e mail Friday that appeared to come from my realtor stating that the Title Company needed me to wire funds that day to make sure the closing w...
Bryan Hancock
Is It Ethical To Structure Seller Financing on Wrap Transactions With the Intent to Default?
This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:
1. The seller has a...
Brett O
3bd, 1ba, pretty nice neighborhood, $22,100 --- Should I buy? (pics)
I'm trying to decide weather or not this house will be a good investment for me. It can be purchased for $22,100 And it will rent for $600 per month. I estimate it needs $5,000 worth of fix up to make it rentable. Ta...