Account Closed
I own a second mortgage that isn't paying, what to do?
A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...
Aris Alexiou
Joint Venture with builder. 50/50 but I put all the cash, fair?
Hey guys,
I talked with a builder earlier today about my desire to have him built some duplexes for me. I have around 350k liquid ready to deploy for buying land and securing a construction loan. He told me that he p...
Alan Robson
Inherited Building next to lawyer - he thinks he owns part
Hello! I inherited a building from my late mother who had a tenant. That tenant is now gone thanks to COVID (they went out of business). I am trying to find a new tenant, and I am fielding questions regarding property...
Kenton C.
If tenant is not re-signing lease, when do you start showing?
Hi All,My first tenant in my first ever rental is nearing the end of their 1st year lease. I currently have a PM in place, and their procedures are to ask the tenant 30 days prior to end of lease if they would like to...
Michael F
Right Or Wrong Steps?
Hi everyone I need some help and your opinion on this. Please educate me and leave any suggestion or comment for me. if you think any section or step is useless please tell me. and if you think I need more detail in a...
Nicio Evertz
Aspiring multifamily syndicator
Greetings, I am an aspiring multifamily RE syndicator. I have not done any deals, so one of my major barriers is my lack of experience. I was thinking of creating like a website for potential investors, that way I can...
Bud Gaffney
Would you do this deal?
Hi all!Would YOU do this deal?$1,000,000 for 3, 3 families.Total GROSS rent $10,600/monthOwner financed $1,000,000 at 3-4% over 15-20 years.Seems like a no brainer. Let me know your thoughts please.
Kathryn Bowden
Extent of Renovations for Flip
Hello! I would love to get input from the BP community on this. We are working on one of our first flips, and are trying to find that sweet spot on amount of renovations to do - most bang for our buck and time. We ...
Steve K
Maximizing Your Time
Thought I’d get the consensus from the rehabbers here who are doing at least a few flips per year.
How are you maximizing your time when it comes to finding rehab deals? It’s been incredibly time intensive for me to...
Brad Gibson
Taking a Risk in a Gentrifying Area
Good afternoon y'all. I'm a pretty experienced LTR and MTR investor in Texas. I'm looking at perhaps acquiring two or three SFR's in the Fair Park/South Dallas area. I don't live in that area, but I frequently atte...