John Rumsey
Advice for a newbie
Hello everyone!I’m John and I’m new to real estate investing. I’m currently active duty military with 7 years left of service before I retire. I’m looking to create and grow sources of passive income that I can rely o...
Matthew Reid
Structuring a 3 way Partnership for Buy and Holds
Hello BP,
I was hoping to get some thoughts on how to structure a three way partnership that would look something like this. We are going to be buying multi-families that are in need of updating and the curr...
Joshua Dorkin
News Corp to Acquire Move for $950 Million
After the Trulia / Zillow merger announcement of a few months back, this one is easily the second most significant in real estate this year.In push to diversify, News Corp. buying Move for $950 millionWhat implication...
David Kors
House flipping hard money loan
Hello everyone! I currently reside in Chicago Illinois and I was thinking to take a hard money loan for rehab properties. Would that be a good idea? If yes, which private lender would be the best in chicago area? And ...
Ericka G.
Is this repair quote fair?
Hi all,
Getting some work done this week and would appreciate a second set of eyes on this cost estimate. Does $1450 seem fair for this amount of work? That is for labor for 2 guys and they said they can do the wor...
Michael Wagner
Opportunity to buy a First position note
I have an inside line on a SFH that the bank has initiated foreclosure on. They have not yet finalized that process however. The homeowner's have vacated the property and it needs roughly $25K in work. They owe $70K...
Logan Turner
How much is a note worth
What is a "good" price to sell a note for?
Ex. 95k note, 10 years, 10% no balloon. Performing, homestead owners of house.
Mike Hibbs
Pre-Auction Bid - Auction.com
Does anyone have experience with a 'Pre-Auction bid' on Auction.com?
Recently I place a 'pre-auction bid' on a home that has an opening bid of $40k, and Auction opens May 18th. I bid once and received an immediate m...
Shilpa P.
Landlord/ Tenant dispute
Hello, I need your help or pointers to move in the right direction. My tenant is moving out and couple of relatively major issues have been noted. 1) lot of condensation on one window which the tenant has never disclo...
Jim Smith
Could I be blacklisted from air bnb?
So I bought a full gut rehab, 4BR with the plan to move into.As an experiment, I put up pictures of what I'm designing the house to look like, with the dates open for when I thought it would be done (stupid I know)I w...