Gaurav S.
Looks like a great deal .....should I bid ?
I found this property on Auction.com which has a stated starting bid of $367k. The unpaid balance on the loan to the lender is the same 367k. But the going price for a SFH in this neighborhood is around $600k.Since th...
Andy More
Flip-Why Wont This Work?
I know most here will rip this deal to shreds and says its too thin, but why? What am I missing. The property is a duplex in immaculate condition and rents for $1,500 per month. I know this neighborhood like the back ...
Seth Mosley
Buying Below Market Value
I have read this term, for example, "buy it 30% below market value" or something similar a lot on BP.My question to you all is, isn't market value relative to what people would sell it for anyway? So how do you know o...
William W.
Alabama tax deed - deceased owner
I bought my first tax deed this morning at the courthouse auction. I’m going to refer to the owner of the property as ‘Mr. Larry’.Mr. Larry was delinquent on three different properties, and I purchased the deed to one...
Mark Taylor
Security Deposit Withholding
We lived in a really nice house for about 7 months and our landlord sold it. We were aware that this could happen, but the problem is that we had a tear in the carpet that we knew would need to be replaced. We were mo...
Scott Lunn
What to watch out for with wholesalers
Just starting so to me the "wholesaler" thing is a mystery. I understand the basics of the concept but what I am missing is why the wholesalers are not retailing the homes. Can someone enlighten me?
Also if I...
Janet Voss
Not so newbie in Oakland, CA
I don't know why, but this introduction post has eluded me. I'm going to get it written tonight, or I can't go to bed! ;-)Who am I? I'm 55 years old and female. I'm an engineer in the medical device field. I was ...
Brandon Craig
Should I sue?
I invested 40k in a syndication 2.5 years ago. It was a 18 unit and a few triplexes. We were supposed to get our investment back at refi back in January (year 2)And then cash flow every month after that until they sol...
Linda Weygant
Idiot Wholesalers and why they are awful - a story about Amoove.
This post is NOT for the wholesalers that are smart, know what they are doing and successfully bring both happy buyers and sellers together. I know some of those guys and this post is not for you.This post IS for all...
Frank Patalano
So what's holding you back?
"What is holding you back?"4 years ago this week, I asked this question and it got thousands of responses. The market roared upward for 3 years after that. Over the last year, interest rates have increased and it has ...