Jason Lee
late rent penalty fees collect later
Do you more seasoned landlords worry about late rent as in a few days past the late fee mark.( I put 50$ penalty on my lease)Or do you just take the late fees out of the deposit at the end of the lease?
Martin S.
Where? Up to 3 hours from NYC, looking for decent 1% SFH.
I'm tired of looking at properties in Florida, while I live in NYC right now. I would like to pick up a decent property with good schools within a 3 hour drive from NYC. Prefer somewhere with skiing nearby (at least I...
Andrew Ortego
Modified Short Sale Strategy
As of now, my strategy consists of searching Lafayette, and its adjacent parish's, sheriff sales, sorting for properties by zip code, and heading to the clerk of courts office to check for liens and any useful mortgag...
Account Closed
Money Lending
I have two money lending deals that have come my way. The first one is a SFR that they want to borrow 70k for 6 months on and is worth 190K based on comps. The second in 60k for one year to purchase a 120 foreclo...
Rob Powell
How Do I Start The Short Sale Process
I have a lead on a house that is about to be foreclosed on.
The owner is 12+ months behind on payments.
He is leaving the country in two weeks according to him.
He just wants out.
The house is in great condition. and ...
Louie G.
short sale HELP!!!
Hello,Hope im posting in the right place. New to this and just looking for some advice. My wife and I put an offer on a property in September for $270k as advised by the listing agent because the Bank (seller) had alr...
Bridget Krause
My First Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Pontiac.
Purchase price: $22,000
Cash invested: $30,000
Duplex
How did you find this deal and how did you negoti...
Jared Baker
Are Cosmetic Flips High Risk
Hello BP.Are properties that need cosmetic work, i.e. updating kitchen, bathroom, new flooring and paint, a high risk as far as getting your money out of it? I'm looking to do my first flip and would like to use conv...
Tina Cheung
Turning current townhome into a rental property?
Hello BiggerPockets Community!I’m a newbie and am seeking guidance from anyone who has experience turning their own home into a rental. I’m thinking about renting out my current townhouse and buying a single family re...
Brandon Shim
Lack of BRRRR opportunities in my <150K budget
I'm looking for BRRRR opportunities and am finding that I can't find any on Zillow that meet my criteria. Are opportunities scarce right now in my price range? Is my method/criteria flawed? Should I expect significant...