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My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental. It has been operating for 2 months now. Our lender has informed us that we need 12 months of re...
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Hi BP community!
After educating myself for some time, I’ve been making baby steps in developing my plan and strategy to purchase my 1st property.
I recently spoke with an investor friendly real estate agent and he ...
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I am submitting an offer today on a property in the Seattle, WA Area. The listing agent is telling me I need to have a buyers agent and I cannot submit an offer on my own. Is this true???
I have never heard this befo...
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I have done more marketing than I have ever done recently and gotten no deals. Is it tough finding deals right now for anyone else? I know exactly who to whole-sell to and have about 140k to buy with myself. But, I am...
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Recently I had to end two of my long term relationships, as I realized that I was being taken for a ride. You build relationships in real estate so you could create a win-win situation. Established relationships hel...
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Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
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does anyone know if lease options are legal in Forida, or if you need to have seperate lease contract and option contract?
thanks
jim
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I've had the same unmarried couple as tenants for 4 years now. They were good tenants at first. But the past couple of years whenever I go in to access repairs, I've noticed they are not clean people. The walls are na...
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In invest in Pittsburgh and for the past 1.5-2 years i have had a horrendous track record of NON Paying tenants. They either aren't paying on time, don't pay or just leave. That is the one thing I didn't factor in. ...
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If I want to buy a home that is let's say 180k but I know the home will need work done...do you get a loan for higher than the amount of the house or is all rehabbing out of pocket?