Daniel Wise
Military guy trying to get into real estate
Hello!
I am currently active duty military. I was recently injured on my last deployment and I am going to be receiving a $50,000 insurance pay out here in the next 3 weeks.
I own a house in Southern California ...
Kenneth N.
Bank Holding my Flood Insurance Check
I'm in the Houston (The Woodlands) area and one of my rentals took on 2 feet of water during Harvey. Although not required by my lender and not part of my escrow, I purchased flood insurance on my own. I received an...
Sue Loomans
HUD house w/ accepted offer vandalized
Made an offer on a HUD house in Milwaukee yesterday and it was accepted today. Went to see it again this evening and noticed that the AC compressor has been stolen along with interior copper. It was all intact yester...
Juan David Maldonado
Buying rental property in TX gulf region good or bad idea?
Hello, I've been checking out real estate markets in the Texas Gulf region such as Corpus Christi, Victoria, and the RGV. Is it a good idea or bad to invest in those areas of Texas because of hurricane season and floo...
Shaeida M.
$50K asking price with $300,000 in equity- Investor Scenario (Gwinnett county, GA)
Hello BP family!I am new to the investment world and came across a situation that I'm not familiar with. My husband and I saw an advertised burnt property for $50K with $300,000 in equity. The adjacent homes in the ar...
Alan Risberg
Home sold as is......insurance claim?
I'm not sure if this is the place to post this. My vacant home is under contract sold as is no contingencies or inspections. After the offer was signed by both parties the buyer who is a builder had his roofing contr...
Aaron Rowzee
Contract question on land that has mortgage higher than sell $$
Good afternoon, fellow BPers.Very green investor here in an interesting situation with selling my own property. Short version of a long story: I was in Harvey, house flooded, we were insured, have people coming out of...
John Franczyk
Buying Property After Flood Damage - Southern Wisconsin
I contacted the heir of an estate in southern Wisconsin last Fall. He lives out-of-state (roughly 700 miles away), and his father passed away in April, leaving him a 3BR 2BA house here. He opted to try to sell it hims...
Tate Kralik
Exit strategy after total loss fire
I recently had a total loss fire in one of my rental properties. Unfortunately, it was an intentional fire set by a tenant getting evicted. Fortunately everyone was ok and the insurance company has been no problem at ...
Edward Badal
Finding/skip tracing absentee elderly owner
Hello BP community,
I wanted to get some advice in skip tracing the owner (or decision maker) of a property I've had my eye on for a bit. Some background on the property - it's a large 5/3 in a nice, quiet neighbo...