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I'm doing my first Subject-To deal and have a signed Purchase & Sale agreement. I'm opening escrow today and will be getting a warranty deed at closing.
On another forum, someone said that the lender on the prim...
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Hello BP,I'm in the process of getting my real estate license and was looking at REOs as a potential niche. So far from what I gather its a process to get started in this path but I think it could be very lucrative. I...
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I'm closing next week, and I have never taken over a unit with tenants and leases before. It's a 3 unit in the town where I grew up. One unit is partially paid for a low income tenant. My realtor is helping me, but I ...
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I have been presented a four plex on the market listed for 70k. The problem is that it was ruined with flood damage. According to the realtor the damaged areas were removed, dried out, and mold inhibitor was sprayed t...
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Hello all,This is kind of a "two-fer" as I am not only new to BP (this being my first post) but also have a big issue I am struggling with.My wife and I are soon approaching the end of our apartment lease, and are loo...
I have read some great success stories from people escaping cubicle hell. They are a great motivator for my goal to become a REI. Whether you have already escaped or planning to do so, this thread is to share your e...
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I own a restaurant/bar in two buildings. I it's been open 11 years. I just set up the restaurant in a s corporation from an LLC. Right now the buildings are in my name and rented from me by my restaurant. I getting m...
Does anyone know what the current real estate market is in South Africa? I have family over there and was looking to invest. Where could I look to find out this information?
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Hello BiggerPockets, I am looking to buy my first rental property soon. I have been talking to everyone I know about real estate and it caught my fathers interest. We are now considering on buying property together (m...
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My tenant is complaining that the cabinets smell bad. The home was well cleaned when they moved in... I never noticed a smell? Anyone ever heard of this?