John Worley
The Truth about No Closing Cost Mortgages
The Truth About No Closing Costs Mortgages
You hear about them on the radio all day long. "We'll do your mortgage with no closing cost!" And you think to yourself, "Hey, that a good deal." Well you know what the wise...
Jorge Esteban Vargas
Buying Property under LLC or Partnership?
I created an LLC for all my real estate affairs. Lately, I’ve been thinking about purchasing a new investment property with a friend of mine. However, we had no time to properly create a Limited Partnership because we...
Dave Zarcone
Help with Rehab Estimate
Hello all,My wife and I are working on finding the right fix and flip project in the Inland Empire in California. We got into flipping last year when we renovated and sold a family home and realized a decent profit. O...
Dan Gheesling
Delinquent water bill from evicted tenants - what do you do?
Hey guys.I've been in the business for about 7+ years - and am looking at trying something new for water bills with my tenants.The best thing is with the City of Detroit. They have a water affidavit that puts the wate...
Solomon Mamo
Fix-up vs. sell "As-Is"
Hello Dear BPers,I am here again with questions. The rental property i have for the past 8 years was a disaster. First, all these years it was on a negative cash flow-meaning i was paying round $120 toward the mortgag...
Ahmed Nijim
Should I wholesale this property or fix and flip it
I'm a licensed agent in PA and I have recently bought a property in Philadelphia at a class C neighborhood, I paid 29 k for it and the ARV 89 to 100 k.
Im not sure if I should fix it ( cost about 17 k )
Or just cl...
Oleksandr Ivanovskiy
Tenant broke railing while falling in stairwell. Who responsible?
She claimed that lights were not working . She fall grab the railing and broke it.
Graham K.
Need advice for getting out of a contract
I hired a general contractor to do a foundation replacement and several other smaller jobs on my house. The total contract is for $210k. The foundation portion is $163k. The remaining $47k is a bunch of other stuff li...
Francis Rusnak
How can you cash flow in Chicago area?
I fix 'n flip in Chicago area and always want to get sucked into rentals. But when I run the numbers and account for EVERYTHING, the numbers don't add up. Maybe I'm being too conservative but 1-200/month cash flow is ...
Robby Sanchez
House hack renovation ideas
Hey everyone, I am currently house hacking a duplex and I am planning for my 20 year old HVAC to poop out soon. I have some options. I can pull a HELOC on my investment property in KY, pay outright with cash or financ...