Edward Mccracken
Telling a bankruptcy attorney he is wrong when including home
I came across a nice looking vacant house in my investing area. I did some research, to find out a company that is known to do fraudulent foreclosures, started to foreclose on the homeowner then dismissed the case. ...
Carlos Salazar
Tax advice on my first flip with a partner
Hey BP!Now that everyone is leaving the conference and is inspired, i would love to pick your brains on how to deal with a possible conundrum.I'm currently under contract to buy a buy in Richmond, VA for $85k. Origina...
Bradley LaBrie
What to be aware of in a Seller Financing into an LLC
I’ve been doing research on seller financing and I just want to see if anyone has additional feedback for my first creative deal using the seller as the bank.I just came to terms with a former partner to buy a duplex ...
Denise Evans
Reference check with tenant prospect's prior landlord
Right now, landlords are afraid to saying anything negative about a current or former tenant when a potential new landlord calls for tenant history. I have a solution. I'm not saying you would see immediate...
Wes Reed
The 2% Rule in Today's Real Estate Market - Is It Still Relevant?
Hey BP, As we know, the 2% rule is a widely used guideline in real estate investing, which states that the monthly rent should equal 2% of the property's purchase price. This rule is often used as a quick way to evalu...
Account Closed
Foreclosure Auctions - Substitute Trustee Eligible to Bid?
Hi BP Community—
In Virginia, when a Substitute Trustee is assigned and that firm brings a property to auction, I'm wondering if that firm - or their affiliates - can bid on the property at the courthouse steps. Or, ...
Jonathan Bombaci
2 family flip in Lewiston - first of many!
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $100,000
Cash invested: $57,520
Sale price: $300,000
Contributors:
Garret Getch
This was...
Selena Walsh
Question for Airbnb Co-hosts / Property Managers
I have recently started a short term rental management business in Minnesota and have worked with an attorney to establish our LLC as well as a property management agreement we can use with clients. We are actively u...
Kamal Katiyar
12 unit apartment in Houston with 65% seller financing
Dear Fellow Investors,This is my first deal analysis, here are the details:- Class C, 12 unit, $500 per unit rent, all units rented out currently.- Property is owner managed and all expense records are not available, ...
Chris Da
Single mother needs help w/landlord
I was sent this message from a friend of mine on facebook..She lives in Pa, and I wanted opinions on this issue if possible..
question for you- tammy ******** is renting a townhouse for the past 1.5 years. In the f...