In the inspection period of a REO and this thing has run all over it! I have had professional inspections and quotes for pest, foundation, roof, and mold. My plan is to renegotiate a lower price or walk. This house ha...
Hi BP community, Im living a real life real estate nightmare on my first flip. So I just recently finished my first flip with my general contractor who i know personally from him remodeling my own personal residence, ...
PETSThe current lease does not include pets however, if desired, the lease can be amended to include 2 small pets. We realize that many families like / desire pets however, all pets do impose a significant amount of w...
The financial partner I'm working with may not be able to put up this much capital, but a wholesaler I've been working with sent me this deal this morning to take a look at. I've looked at the numbers thousand times a...
Hi everyone,Has anyone come across the seller not providing bank statements during due diligence? Is this a red flag or something that is common? Just looking to see how hard I should be pushing on this issue.Thanks...
Our 1st tenants will be moving in on March 1, and are moving from Texas to Colorado. They have requested that we wear masks for the walk through. All mask mandates have ended for all counties in this area. We do not w...
In a world of APPS; what are some of your favorite apps for REI? I just purchased an IPAD for business purposes (tax write off). I have the MLS listing apps; such as Zillow, Trulia, and Redfin. I also have heard of...
Hello Everyone,
I own a short-term rental (STR) in East Downtown Houston and currently live in Austin, TX. I started operating the property in mid-2023. Initially, the business was cash-flow positive for the first th...
In the last few days I've called five different agents on five different MF's (numbers taken from signs on properties) and only one has called me back.
Is there any particular wording I should be using in the...
Hey BP,So I just got my first house under contract (woohoo!) and everything looks good. Rehab is pretty straight forward, except for one thing: there's definitely foundation issues. There's a pretty solid vertical cra...