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Hi, BP friendly names and faces :)Long time lurker, first time poster.How often does one have the opportunity to help out a seller without profiting from a sale?SO.. Here's what I did today:I got to make a cash offer....
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Hello, Im trying to sort out how best to handle this. My former property manager was overbilling me like crazy and never gave me receipts for materials. He is retired now. Last spring I instructed him to rent a vacant...
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Ok, real estate agent rant after drama once again on closing a loan. How loans should be: Approve a loan with a specific buyer(s), seriously put them through all paces including tax transcripts, employer verificati...
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Hi All, I am looking to get your opinion as to what you would do if you were in my situation.. and what I potentially can do.Situation:I have some not so ideal inherited tenants that I have been living next door with ...
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For those looking for my background and story I have that first but if you're just looking for the tips skip on down below, but know that you are crushing my soul =)My StoryIn 2010 I was living in a small apartment in...
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Hi BP,I purchased an older (circa 1930) multi-unit building in Pennsylvania. I inherited 3 sets of tenants under conditions that were concerning at the sale (i.e. no leases or rental history), but I understood that t...
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Hi all! I have a property I bought through the Duval County Foreclosure website with cash. I am working with 2 people on fixing it up and flipping it. The property is in my name. We are going to split the profit evenl...
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I have been at this game for about 10 years now and own/manage about 20 rental units in my mid-major city. They are 1-4 unit homes. Rental market is good and vacancy is not usually an issue. They are cash flowing de...
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Fannie Mae and Freddie Mac are searching for methods to open homeownership to low income borrowers. (This is not for investors) There is a trend to use attorney opinion letters rather than title insurance. The title i...
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I am a real estate agent and up until last week, I was working as an 'independent contractor' doing marketing and providing real estate assistance for a top real estate agent. When I gave my resignation, as her market...