Joel Owens
WATCH OUT ! Not being licensed-consulting-or collecting fees can get you in trouble!
I see a lot of posts on BP about consulting, referring leads off to try to collect fees from agents when the parties are unlicensed.
Every place I know it is against the law. I can't speak on other states but...
Sabi Const
Appreciation or Cash Flow? What do you value more?
Thank you all for taking the time to read this post. I am new to real estate and am starting to search for deals. I am in the NYC area and am curious what you might suggest...Option 1 - purchase a 2-3 family rental pr...
Matt Wilson
Our house didn't sell... what now?
Our market wasn't bad at all back in April/May. We listed our home for $339k & got a cash buyer pretty quick at $330k. Ten days before closing, our water heater leaked in the attic and our buyer bailed. We got ...
Barbara S.
Street Widening on map
My neighbor is selling his property and I absolutely love it! It is the unicorn property in the neighborhood. I am in NYC, this property is tremendous for NYC standards the problem with it is on the survey and street...
Jeremiah Dexter
Auction.com Winning Bid, occupant is selling in redemption period
In need of direction. We won a forclosure on auction.com with a quitclaim deed (not great but we checked for other liens and there were none). House is still occupied until June (4 more months) until the redemption pe...
Michael Needle
DSCR for Conservative RE Expansion
Hopefully this is the right thread for this question and thank you in advance.TL;DR - own a few rentals, DSCR is 1.05, could take out a bigger loan against a property to get more cash for next purchase, DSCR would go ...
Lucky B.
Buying my first HOA foreclosure home.
Some of you may have been fearless or fearful on your first attempt at buying through the court auction.i made a deposit and I am prepared to spend up to 30k ,and then pay off the past due delinquent taxes. I did my o...
Hal Thompson
Buying in Atlantic City
There is a lot of distressed property in Atlantic City. This strikes me as a town that has artificially low real estate prices due to government capture by the casino industry. As the casino industry stranglehold on t...
Tony Castronovo
BRRRR Question
Happy Father's Day! I am putting an offer on a property today and wanted to get some advice. My plan is to leverage the BRRRR (Buy Rehab Rent Refinance Repeat) strategy. I was going to buy the property under my LLC...
Matthew Krickeberg
Contractors: Estimating a complete "gutting" and renovation
Situation:There is a home in my neighborhood that has been unoccupied for approx 7-8 years but has been maintained (landscaping, taxes paid, etc) minimally and so is not noticeably so. The next door neighbors are frie...