Greg K.
HUD Home Title Issue "Deed in Lieu of Foreclosure"
I wanted to share my experience with a recent HUD Home I purchased to BRRRR. It was a condo, purchased for $185k and the ARV was $250k. There were three comp sales in the complex in the past 6 months so that $250k w...
Nicholas Pollock
Contract with Escape Clause!?
Hey everyone, I'm new to wholesaling and i have been searching and searching for a contract that includes an escape clause. I know its been discussed on here before but i couldn't seem to find what i am looking for. I...
Donald Anthony
Struggling to obtain HELOC
I am looking to take out a line of credit on a property valued at $140,000. I owe less than $80,000 and should be able to obtain a HELOC for just around $40,000. The issue is that I have been working for a private rea...
John C.
Short Term Rental Applicant wants to book the "whole Summer"
We purchased our first Short Term Rental, a penthouse in Wildwood. Posted it on Airbnb, VRBO and Facebook Market Place. It's $2700-$3400 a week which I'm being told by other owners is about normal. Ours seems to be o...
Daniel Burant
Short Term Capital Gains
Hello BP Community. I’m kind of in a weird scenario here and I’m looking for a little direction.
Six months ago my wife kids and I moved out of our owner occupied duplex and purchased our second property single fa...
Sam Giberti
College, Club Hockey, Night Life/Party, & Wholesaling Business?
ADVICE WANTED!I figure I am targeting the busiest people around all in one post considering many of you have a full time job, do real estate on the side, have children, etc. bringing chaos into your lives so hear me o...
Kyle Harmon
Lender changed loan cost
Hello BP,
I am looking for some advice. I am writing this as I sit on the airplane flying to FL to close on a duplex today. I have a rate lock with my lender that did not include points or origination fees. We are cl...
Lloyd F.
Truly Passive Successes?
All,i was wondering if anyone could share with me any success stories they have had as truly passive investors? I am in a market where the barrier to entry is just too high so considering diversifying into a few syndi...
Robert Burns
Tax Deductions
I've recently had my accountant do my 2008 income taxes and I was surprised that he informed me that I could not take deductions for my real estate investment training that I purchased in 2008. A big one was the Rich...
Matthew Conner
Multifamily tenant to tenant issues
Hi All,I'm looking for advice on how I should handle some issues that have come up amongst tenants in a triplex. I am the property owner self managing. Unit 1 was an inherited tenant who's rent is paid through hud by ...