Andrew Whicker
Buy and Hold / Duplex / Purchase under FHA, move out in a year
Hi,Hoping to solidify this deal:Overall:Duplex2000 sq ft total3 bed / 1 bath eachContract Price: $110,000Monthly Costs:Mortgage Type: FHAPITI: $810 (4.25%)Repairs: 0.15*$1350 = $202.50Trash / Water: $155Income:Rent: ...
Melody Jenkins
Question about Bargain and Sale Deed with covenant against grantor's acts
Hello, my friend is an 82 year old woman and in 1999 she went to a lawyer to have a document drawn up. Her daughter just gave me the document asking "What does this mean?"Top of document says This Indenture, made the ...
Jordan Archer
Spend money on hand-held coaching, or my first REAL marketing campaign?
Hey BP,Just wanted your guys' opinions..I've spent the last 3-4 months heavily researching how to be a good wholesaler, and I'm at the point now where I want to take massive action.Should I:a) Spend money ($6,000) on ...
Neha Wadhwani
Trustee Sale - IRS lien on previous owner
I am considering a property being auctioned at a Trustee sale in Texas. Current owner is a bank. However, I noticed that the previous owner has a $20k IRS lien on him. The IRS lien clearly states its a claim on all hi...
Travis Fisher
Life savings to pay off Only Rental house?
Sanity Check.Take $115,000 of $125,000 life savings to pay off a my only rental property in Abilene, TX. Immediately take out a commercial line of credit (I'm pre approved) at 75%, which will be $150,000. Rents $1495...
Manraj Singh
Any body doing ADUs ( granny flats) in Vista, San Marcos
Hi, I recently bought a SFR with a detached garage. The plan is to convert the garage to a rentable ADU. I am in the stage of finalizing the plans before sending over to the city.I am contemplating either a 1Bed1Bath ...
Simon Obas
Is it time for a new agent?
Hello I have a home on the market for 30 days with 0 offers. I did a $39k price reduction and still nothing. I’ve had 10 showings. Is it time to find a new agent? Fyi The current agent is not from the town nor lives i...
Chris L.
Are you open minded?
Are you open minded?I have had several conversations recently with BP members and during the conversation I mentioned that I was always open to looking at any and all opportunities. Reflecting upon this statement, I ...
Rob C.
How to choose what to repair from inspection report
I know that a lot of investors don't bother to repair a lot of the problems found in an inspection report. But how do you choose what to address and what not to? When I talk with the inspectors, naturally they tend to...
Chris Purcell
Finding a contractor off craigslist for full renovations
I'll probably get smoked for this topic .. But have some questionsI'm looking to buy cheap, fix up then rent, refinance out and keep buyingSo I'm looking to team up with a contractor and don't have really any contacts...