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I have an inside line on a SFH that the bank has initiated foreclosure on. They have not yet finalized that process however. The homeowner's have vacated the property and it needs roughly $25K in work. They owe $70K...
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Hello BP, I'm Michael Beeman.I recently purchased a large older home with a garage that I am turning into a 3 plex, and in May I'm closing on a 6 unit apartment. I got some really great deals on these units.. But, as...
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Well, I remember there was a thread a couple of days ago, started by a UK investor, about a property management problem she had with her property in Detroit.
I just happened to find out that a friend of mine (really,...
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Hey everyone,
I have a house that I bought last year for a buy and hold investment, and I'm going to purchase one this year with the same investment goal in mind. I was looking into when I should establish a ...
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First good creative finance deal in negotiation! Seller needs some equity to pay medical bills. I don't have all the capital and now have to find a $ partner. Comps and lender appraisal puts property at 218k(1 month a...
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So many of us canvass areas by car but I've found that cars tend to move too quickly and you often miss details when you are inside a metal box. Walking takes too much time and you don't cover much ground. But i fi...
So I've been doing research lately for different real estate concepts because I am looking to get my license soon and I stumbled a cross the idea of wholesale investing. I've found that you can find a deal and offe...
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Good morning BP. My husband and I are new to investing and are making moves toward our first property in Baltimore Maryland. My brother does property management and rehabbing on the contractor end, my Mom has a rental...
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Hello Everyone!
I have my first "deal" under contract after a year of education and missing out because of analysis paralysis. The property is 2/1 850 SQFT and has had a 15 year tenant that is currently being evict...
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The lease is for 3yrs, still 2.5 yrs left. Because the couple living there is getting divorced, they want to move out and terminate the lease by the end of Fed. I used a simple template of the lease agreement without ...