Dana Walker
Question about Buying A House Before A Hurricane
I've always wondered this and now seems like a good time to ask. Lets say you buy a property right before a hurricane. I realize that there is a cut off time for new purchases before a storm but if let's say you get...
Sam Zawatsky
Mortgage Getting Called in During Recession
What are your experiences or knowledge about the potential of mortgages getting called in during a recession? I was informed by a family member that someone they knew had a mortgage called in on one of their investmen...
Ethan Bennett
Renters ruining a nice neighborhood
I purchased my home in 2006 because its in a quiet dead end cul de sac. The past 2 years a few of the homes around me have gone up for rent and brought in "interesting" people.
Unfortunately the people next door t...
Rich Weese
I'm concerned about rental market. You??
I started a thread with an article about rent decreases nationwide. The replies seemed to substantiate the concern with properties taking longer to rent, and reductions in rent as well as other bennies needed to rent ...
Matthew Paul
Tenant calls , they are out of heating oil. Will I get in trouble if I winterize ?
My tenant of 2 years calls ( fair tenant , not good not bad ) they tell me they are out of oil . And they cant afford another $ 400 for 100 gallons . He wants me to fill it and pay me back . I tell him thats not go...
Brandon Eleazer
Contractor wants in on the deal
Hello BP community,
I was talking to my contractor about a property I am looking to purchase in Northwest Philly.
Purchase Price $35k
Repairs $30k
ARV $90k
He could be interested in pu...
Matt Santos
Brokerage fees for Wholesaling if licensed?
Hello folks,I'm experienced in rehabbing and flips and was a Realtor for several years. Because I'm just getting a new start into RE, I'm looking into wholesaling as a means to generate some capital for eventual buy a...
Teddy Johnson
HOA is Blatantly Violating the Bylaws, need advice.
My HOA has stopped allowing access to the homeowners to both the sauna's and clubhouse. They've made the clubhouse their personal lunch room and tool shed. They also added an expansion to the community of $120k of a...
Jack B.
Pop Corn Ceilings, deal breaker or not?
I have a four plex that is under contract but has pop corn ceilings. Asbestos...Of course the concern is tenants and law suits. Would the required disclosures on the lease protect me? Is it worth moving forward? Selle...
Barry Craig
Financing and right of redemption
My financing sources will not finance a bank-owned property with any time left on the "right of redemption." I have pre-approval to do 4-5 of the 50,000 deals that meet MikeOH's 50% rule but it isn't much good to have...