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We just entered into a contract to purchase an REO in a neighboring county. I found the property myself and contacted the listing agent directly. Apparently, she's a teammate with another agent who she assigned as my ...
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How is anyone getting offers accepted? Have any been accepted with contingencies (i.e., appraisal gap, or home inspection)?I'm located in the DC-Metropolitan area, licensed in Maryland. Please advise.
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I am analyzing a possible deal for an 8 room boarding house in South Carolina. Motivated seller (property has become a headache for owner), 5 rooms currently occupied, paint and carpet rehab. Would a boarding house ...
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Hello BP friends,I'm following the advice of Brandon Turner and starting to analyze deals; I want to analyze several "practice" deals before I begin any real deals. I'm hoping to get advice from the pros on whether y...
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I'm currently looking for a duplex in Danbury, CT for my first piece of real estate. I sent a small letter campaign to all the duplex owners on a street and got a response on one! The owner wants to move to Florida wi...
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Hello everyone-I've been eating up the podcasts and blog posts regularly for the last 3 months, learning a ton, but now finally jumping into participating in the community. What a cool resource this is – thanks to an...
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High Crime rate, high unemployment, great CAPS!.....If anyone has experience with Multifamily in Memphis I'd love to hear your take. I'm tempted to invest there but don't want to end up in a war zone or fighting month...
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We bought a REO and finally got to do the first walk through this weekend.By the time I got to the master bath, the stench was almost overwhelming. But then when I say their most recent reading choices, I lost it!At ...
For my very first BP question, I'm curious how much money did you have in the bank prior to starting out? Our plan is to buy and hold. Most of the houses around here are 50-100+ years old so maintenance could be a cos...
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Hi! I've been reading a lot on BPP for the last 6 months now and am finally getting to looking at properties! I'm currently looking at some MF in the Hudson Valley and want to finance it with FHA, as it would be my pr...