Hi BP, I have a tenant with a 2 yr lease that started the beginning of this year. She has already been late on rent 3 times so far. I've been sending her notices of late rent every time and this has continued to ha...
How to go about Subject To? I have an opportunity on a property from a family member but I would like to go subject to route. How Can I explain this to the seller? Pros/cons... ANY info is welcome and much appreciated!
Hello BP community,I recently just road-tripped from Portland, Oregon to Columbus, Ohio to start building my real estate portfolio here. However, I've just come across a huge hurdle. I received my job letter and it's ...
How do you equate a potential renter with no fico with a low fico potential renter? For me anyone with a fico below 560 is probably a life long deadbeat, and anyone with no credit file, probably is also a dead beat, b...
I'm in Memphis and typically look for wholesale deals. I came across a deal too thin to wholesale but I think it would make a great Subject To (sub2) deal.The current owner owes almost $50K, the house is worth around...
Hi everybody! I have been wondering if any of you have ever used a credit card to purchase a SFR free and clear. If so, how would you generally go about quickly paying off the balance of the credit card? HELOC, a Home...
Hi, everyone! What are your thoughts on Cozy or TurboTenant?. I will own five units from two properties by mid-August. I want to manage them online as much as possible. Both of these free management tools look promisi...
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
Hello All,
I’m totally new to real estate and I would greatly appreciate some direction. I would like to know how to buy a home that I can realistically afford, ideally in Central Florida – either Volusia County (Nor...
Hi everyone, Can someone please clarify a few things about subject-to for me? I understand that you essentially take over the existing mortgage from the seller, thus "subject-to the existing mortgage". Does the buyer ...