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Help / Advice about buying a condo for investment / retireme
My wife and I have been thinking (preliminary) about investing in a vacation property. We like the idea of a condo b/c it's low maintance and we won't be spending a lot of time there.
My wife is thinking about Holly...
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NOW THOROUGHLY SCARED
I am new to this place but I have done tons of reading on all areas and post on here. I have spent around 16,000 on diferrent education and read lots of books only to read in the guru sections I was probably taken and...
J Scott
Special Warranty Deed
A friend of mine is buying a house next week, and when he looked at the settlement package, he noticed that he's getting a special warranty deed (SWD) instead of a general warranty deed (GWD). I know the differen...
Kathy Armstrong
Trying to Buy House in Foreclosure with HUGE HOA Lien
Has anyone had any luck negotiating with an HOA to reduce delinquent dues so a house can be purchased and saved from foreclosure? The HOA is in a junior lien position so they will get nothing if the house goes to ...
Leroy Williams
Short Sale Option
Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
Aaron Arnold
Note buying BRRRR equivalent
Is there a note buying strategy that would be roughly the equivalent of brrrr deal that allows you to retain and reuse your capital? Where do I go to learn more about it?
Sam Rockafellow
How do you look at a house? Investor eyes?
IN the Marine Corps I studied what is called Combat Hunter. We took hours of classes on how to identify human existence while patrolling though rural terrain.
We learned how to identify many things about t...
Christopher Collins
Eviction before tenant is in default?
I have given a tenant 30 days notice on their month-to-month lease. The tenant has told me they 100% refuse to leave within 30 days.Can I start the eviction process now even though they are not in default of the 30 da...
Jen Faulkner
How Strict are You in Screening Tenants?
Maybe we're too strict. I just want to feel out other opinions. If you checked someone out and found out that they were arrested for theft in 2007, but they were never convicted, how would you proceed? I've had a v...
Nick Brubaker
Financing options for unemployed/self-employed in Atlanta
Dear BP members,My wife and I are getting serious about buying our first investment property(s) (one being a personal residence) here in the Atlanta/Decatur area. We are looking for either one distressed multifamily ...