Alissa Schmitz
Analyzing best use for new property being added to portfolio
We are under contract for a 3/1 SFH in a suburb of Cincinnati. Before making the offer, we did a quick analysis and felt this property could work as LTR and possibly MTR, or STR. Now that we're under contract, I'm deb...
Todd Bullinger
Family lost house in fire....Scam????
I posted our house for rent with a yard sign as well as Craigslist. I received a call from someone stating they are calling on behalf of a family that lost their house in a fire yesterday and was looking to find hous...
Tim Ivory
Are HML Upfront Commitment Fees Normal? (1stcapitallending)
I am rehabbing my parents property as my first rehab project. 180K is left on mortgage and 45K in renovation costs with an ARV of 450K. I am applying for a renovation loan only for 60K.I found a lender (1stcapitallend...
David Espinoza
are there any direct selling items that are not scams?
so I came across a significant number of what I would call scams. Every time I have come across said companies they usually have a hush hush ness to them and usually have meetings in weird places and start off by ...
Corey Dutton
Have You Fallen Victim to a Lending Scam? Share Your Story
We write on the topic of loan scams often and we always get a lot of responses from victims of these scams. People often ask, “Who do I report this to?” and unfortunately there is no straightforward or clear answer...
Account Closed
Contractor soliciting Roof work to be paid by Insurance?
The other day a contractor knocked on my door and solicited me to see if there is enough "damage" on my roof to potentially file a claim under my homeowners insurance to replace the roof. The basic jist i took away fr...
James C.
How To Know If Lender Is Legit?
Hey BP, So I've been trying to get in real estate in the past year, but HML in my area (Philadelphia) have a lot of upfront cost plus fees just to purchase a property. Some are even requesting 20k just to purchase an...
Alex Ballesteros
Is This A Rental Scam? Landlord Requiring Cash Deposit
I am on the verge of moving out & renting my first apartment unit (for myself), and I found a place that I am highly interested in, so i submitted an application for $25.00, along with a copy of some pay stubs, li...
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Preconstruction Investments some Problems & Solutions
Find Quality International Preconstruction Investments Without Getting Ripped Off?
INTRODUCTION
Most investors will tell you that real estate is a sound investment… one of the best you can make. There’s a fixed am...
Maggie Ratner
Rental Scams for Loxkbox Showings!
In St.Louis, we have had an amazing amount of scams regarding rental homes on lockbox showings. The gist is the scammers gain access either copy your keys or leave a door unlocked then copy your add to FB at approxim...