Jon Q.
Most cities now in "Hypersupply" and "Recession" cycle phases
Many markets are now headed into "Hypersupply" and "Recession" phases of the market cycle (see chart below). It doesn't mean that you should stop looking/buying, but it does mean that you should be focused on deals w...
Sam LoCascio
Financing fell through for HUD . Help!
Help! I have a HUD home under contract. I got preapproval for a 10% down conventional loan and we were all good until (long story short) in the 11th hour my lender told me I didn’t have enough credit history to qualif...
Nancy E.
Property Management Issue
We have been using the same PM for 8 years and have been happy for the most part. However, the latest turn required extensive maintenance and upgrades. We kept the security deposit but it was about 1/8th of the total ...
Gabe K.
We own 2 REOs in bad shape. How to sell them?
BP Experts,We are a note investing company and we ended up with 2 houses as REOs that are in bad shape. One is in Indianapolis and one in Muncie, Indiana. Both houses look okay from the outside but they have extensi...
David Tower
Marketing house with unpermitted bed/bath
Hi folks,
I'm about to sell my home that I bought in 2009. It was originally a 3/1.5 raised ranch. In the finished lower level (all above ground) I added a bedroom and turned what was a crappy half bath in to a luxu...
Mitchell Coles
Strategic Buy & Hold with ADU Potential in Morganton, NC
Investment Info:
Single-family residence buy & hold investment.
This single-family property, acquired in June, is a key piece of a visionary development in Morganton. Renovated with cosmetic updates for ...
Chaz D Bonnett
Financial partner backed out day before closing, what can I do as an extension may lose everything
I have under contract a re-performing note under 60% of the unpaid balance. My financial partner has backed out the day before closing and I will lose money for backing out of the deal now. If you are a note investor ...
Jim Windgassen
Electric Vehicle Charging - Draft Lease Statement
I want to put a clause in my lease concerning the charging of electric vehicles at my properties which are at present a number of single family homes in Maryland and Florida. I have put together the following draft a...
Michael W.
Question on appropriate commission to negotiate...
I have a question on what is the appropriate commission to negotiate...
Background: For 5+ years my wife & I have been planning on semi-retiring & watching a semi-rural area (ranching/farming type community w...
John Carpino
Want Cashflow? Buy Cash and Rehab!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $21,000
Cash invested: $28,000
This was a gut rehab in Kalamazoo, MI. This made me an enormous cashflow since ther...