Wes Brumit
Bidding on HUD homes
What are the rules regarding wholesaling a HUD home? Ive read several blogs but still confused. If they accept whats my timeframe? Are there specific rules in different States? Im in Texas.
Account Closed
Liquidated Damages For Delay in Construction? Who uses this?
Hi Everyone - I'm about to start a new flip and we are trying a new general contractor. It is a fairly large job according to my standards (over $90,000).We are in the midst of getting the contractor agreement in plac...
Saad R.
Need advice on a foreclosure.
Hi everybody,
House valued at 420K, going to be auctioned on 7/15. Starting bid 81.5K, yeah! A heck of a deal.
I feel i should go talk to the owner and try to get this house before auction day. I have no experience ...
Jack Abbott
Cabin rentals. Anyone have experience in this?
Interested in hearing from anyone that has bought or developed cabin rentals on wooded lots. Hoping someone on BP has some insight into this area of rentals. Ohio West Virginia Tennessee Thanks in advance to you all!
Christopher Alexander
Possible Subject to Deal Please Help
Hello Everyone! I am looking to get a deal done on a property that I am currently managing for a couple who have recently divorced and live in a different state. The home is a nice 3 bed 2 bath home 1800 sq feet. I ha...
Michael Kissel
CapEx killing cash flow analysis
I've been looking for my first rental property in Buffalo, NY area and using the rental property analysis tool from this site to do evaluations. I use estimates of 5% vacancy, 5% repair & maintenance and 10% cape...
Mike Lynch
I need some help before getting into a potential mess!
Hi Everyone,I have a 2 unit, 2000 sq ft. commercial office building, which is empty now. We purchased it this past summer. Each unit is 1000 sq ft. separated by a long wall. There are two glass front entry doors abou...
Jeremy Paschedag
Security Deposit Separation
Over the weekend I heard third hand that, at least in Missouri, security deposits should be in a separate bank account than the main bank account. Supposedly it comes up if you're audited. I was told that you can use ...
Justin Golden
Getting a loan with self employment income
Good afternoon!I just recently separated from the military and my wife and I will be moving to Washington, D.C. I will be starting a business and my wife makes self employment income as well. Obviously this does not l...
Brandy Horkey
Land Flip - Purchased Tax Deed on Thurs, have offers today. HELP!
Hi! I am not sure if this is the correct forum to post this in, but I just purchased a vacant lot in Haines City, FL through the county tax auction. I'd like to flip it quickly but I am not 100% sure on my next step...