Yael Fuerst
First Deal - am I missing something?
So here is the story:I am looking into purchasing land and building a SFH in Birmingham, ALThe deal I am looking into is $156,500 for a 4 bd, 2.5 bth.Rent will be $1550 after all expenses my net profit will be $1200.F...
Burt L.
Uncle Quit-Claimed House to Nephew, Who Wont Pay the Mortgage
I was contacted by the uncle, who made the obvious mistake of Quit-Claiming title instead of doing a Contract for Deed, etc. The Nephew has refused to pay the mortgage or to respond, and has said he will be there unti...
Jonathan K.
What would you do with this deck?
Hard to believe this is actually the first time I've started a forum on BP! Because I greatly value the knowledge and opinions of many of you whom I've already met in this community, I'm asking for your quick opinion ...
Tiffany C.
Quad in South Atlanta
I've been working on this deal since Jan. The seller is a tired landlord. Here are the details: 4 units The property is valued at $150k (I got a brokers priced opinion)The seller owes $102,000 and wants $10,000 to wal...
Brian Pleshek
TransUnion Smart Move
What is your opinion of Trans Union Smart Move credit and background check service? Has anyone used it? Do the reports give sufficient information to make a good decision?Do you collect the $35 from the tenant and r...
Amir Navabpour
Diligence or overkill for out of state rentals?
I have a portfolio of 11 rentals in Kansas City (I live in Ca). My PM is competent. I have done make readies/rehabs for all of them through a contractor, and the PM walks the properties when he is done. Over the ye...
Brooklyn Hunt
Young investor needing advice!
Hi, I am a complete toddler when it comes to investing and buying a house in general…Just learned what refinancing was a couple months ago. (I am 20 yrs old) Investing has always been an interest of mine and after a c...
Stephen Brown
Understanding What Your Market Is NOT
Hello BP Nation,
I've been educating myself on Real Estate for awhile now and I keep hearing in podcasts phrases that go like this:
"I just know that my neighborhood isn't a flipping neighborhood."
"It's hard to ca...
Phil C.
Georgia Eviction Help -- no rent payment
Hello! This is the first time I need to think about eviction (I haven't been a landlord for that long...) and definitely need some help. A woman has been renting my condo. She usually has to split payments but was abl...
Brian Ky
Apartment won't rent
I have a friend who recently moved from Germany to California and is attempting to rent his apartment, in Germany, by owner but isn't having any luck. It has been about 4 months now. My wife wanted me to talk with him...