Rashaad Baten
First BRRR in Memphis - Did everything we weren't supposed to do
Hey y'all,
My wife and I have been hunting for our first property since March of this year. After hours of hunting the MLS, 100+ deals researched, and about a dozen offers in different states, we have our first prope...
James Vermillion
Need help w/ offer price on HUD
All,
I have run across an HUD owned home in a great neighborhood...1700 sq ft, 2 beds, 2 baths, a rec room, and an office (bedroom w/ no closet). It is on a corner lot, and similar houses are going for 130-160K. Thi...
Troy Fisher
My Tenant from Hell Story
We all love these guys right? Well after non-payment and being served with a pay or quit notice multiple times, and direct instructions to the old property managers to evict immediately. One day I went to the pro...
Chris Luksha
Looking to get financials from potential seller....
Hi All,I am looking at a property that is a couple hours from where I live and before I go travelling to look at it, I have done preliminary research on the community etc. At the same time I have been asking the sell...
Philip Beckwith
Appealing property taxes
Does anybody have any tips on how to successfully appeal property taxes? We bought a property that we feel is assessed by the our local government too high. Our strongest case is that our bank appraisal says it should...
Aqil Dharamsey
Dealing with stress
Hi BP world. I am currently investing in Rochester NY and often wonder how my fellow landlords/investors deal with stress on a daily basis. It seems as grow bigger in my investment career, it has become much tougher ...
Pavel Sakurets
How I lost 30k in one day by getting fooled by a con artist
We had a commercial property listed for sale or rent at 809 Main St Hopkins, MN.I showed it to Phillip (Blain) Bundy, he liked it and said that he wanted to purchase it on rent to own option and asked me to reduce ren...
Will Barnard
Liar, Liar!!
I sure have a knack for running into some unscrupulous charters in this business. Many of you are familiar with my nightmare documented in the "Occupants from hell" thread. Well, I have yet another story to tell.I hav...
Account Closed
What's your RE strategy after the robots take over?
I just listened to a TED talk that outlined the inevitability of artificial intelligence taking over the world. 80% of current jobs are service-based, and robots will very soon be able to replace all of them. We can't...
Rob K.
Foreclosed for less than what was owed
I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...