William R.
Double Closings and City Inspections
So I happened to get a non-assignable property under contract for 42k that needs 18k worth of work that can be turned in 90 days for 120k with solid comps in a desirable area. Super duper excited right...
Problem is ...
Morris Lucas
Vacant REOs, useless?
Do most investors ignore vacant, overgrown grass , REO properties with code violations and tax liens? Have one that's been that way for a year, wondering if only strategy is offer the bank to buy it cash?
Jeorgia B.
Home in Foreclosure Limbo
Hello BP Family, I contacted a person listed as the homeowner of house that I noticed was vacant. When she responded to my letter she indicated that she filed bankruptcy 3 years ago and moved out of the house at that ...
Rich Weese
Elimination of interest deduction. Ouch!!
There was a lot of talk on finance programs today about obama going for an elimination of the interest deduction. What will this do to owner occupied homeowners? What will it do to investors?
My input is that hom...
Michael Paling
Section 8 previous owner issue
Hey BP, I’m curious what other people’s thoughts are on my situation….
I bought my first duplex in Michigan to house hack back in mid-June. The remaining tenant is section 8 and the HA covers 100% of rent at the mome...
Chris Virgil-Stone
Why I almost quit my dream...
Well for anyone that has not read the last few posts of mine ( it has been some time), I have not looked at the market until a week or so ago for about 5 months. Why you ask? I love real estate. The whole concept of w...
Robert Collins
What’s the most you’ve went over budget on a rehab ?
I was listening to podcast 105 & I heard the guest say they went 70k over budget on a flip !! 👀 #HowSway
Ki Lee
Refi and LLC for BRRRR?
When using BRRRR, if I acquire the property using LLC, I’d have trouble refinancing... I’d imagine that we’d have to get the property under personal name and then refinance. From acquiring the property to rehabbing ...
Jaime Franks
How to “re-market” a rental after you’ve turned down other renter
Good Morning! This is my first time posting in the forum. My husband and I are starting a real estate investment company in middle Georgia. We had a house, and we were hoping to get a section 8 renter into the home. W...
Rory Shaffer
When buying your first property, should I use a business entity?
Hello my name is Rory Shaffer, I’m very green to this industry but I feel like I’ve been bit by that bug and I’m always looking at land/property and playing that what if game in my mind. I’ve been doing a lot of homew...