Bill Patterson
Anything You Want Me To Tell NAR?
Is there anything you want me to tell the National Association of Realtors about short sales? I'm not sure if Josh will allow me to mention another forum on BP, but I'm in an interesting discussion on LinkedIn, The N...
Steven J.
Multi-family: verifying numbers
I've located a multiplex in my area but I'm not sure where to locate the information needed when investing in multi-family units. For example, is the selling agent going to have the information necessary to figure out...
Aaron Scott
Partnership Flip Split
Alright I have a friend who is easily able to find get a mortgage on a property we are wanting to flip. I only have around 10k to put into the deal so I was going to let him get the mortgage (down payment and repairs)...
Account Closed
Property owner refusing to fix broken water pipes? Advice needed
So, I'm currently renting, and this weekend the water pipes froze and burst, after getting it checked out, the problem is the property owner's responsibility, and it will require digging up the yard, and thousands of...
Justin R.
SDIRA and Investing in Partnerships you have Equity In
Leaning on the BP Community once again ... this time for an SDIRA question about structuring projects to fund with SDIRA funds.I am working on a development project with a partner that is borrowing money from private ...
Kimberly Harten
Down Payment Strategy
New investor in Northern NY. I have an 8-unit residential pending contract submission for 120k. ARV is 150k; which will likely be accepted in northern NY. If appraisal comes in the same or more I'll have at least 20% ...
Jon Klaus
Do you take application fees?
I typically haven't charged for applications, but I just used an agent who charged $40 per adult.
Then I found this article about a landlord in San Francisco who took 250 applications for one unit at $40 a pop.
http...
Anastasia Jordan
Counter Offer on Tax Sale Properties (Alabama & elsewhere)
One of my coworkers 96 year old grandfather had her go online and apply for a tax delinquent property in his neighborhood (North Birmingham). It has been empty for years. Story is the owners got old moved in with thei...
Ashley Abramson
Licensed Structural Engineer?
Hello! I am pending inspection on my flip currently, inspection came back asking for us to have a Licensed Structural Engineer "determine corrective measure to ensure proper support". Based on some of the pictures we ...
Sean M.
Dealing with Underwater Notes
So I've got a good handle on non-performing notes (2nds) that are both totally and partially covered by remaining equity in the house. Does anyone deal with or know the approaches for no equity 2nds? Seems like a g...