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Hello BP,I'm back with another question. I have a 'semi' motivated seller. I do not know what kind of deal to do in my situation. Here is the breakdown of things.Sale Price: $213,506 (She's going to sell to me for ex...
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I hear many lenders require the borrower to pre sign a quit Claim deed when they fund the loan.. with the proviso if the loan goes 30 days delinquent that the lender will just file the QC and wipe out the borrower wi...
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Hey BP!
I am a current leasing agent located in Durham,NC. I am thinking of starting my own property management company. I would be the only person managing until I build up a great team.
My question is: How do pro...
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We bought our house a couple years ago and was wondering if there was a good time to think about renting your house out? When we bought, we bought with an FHA with 3.5 down. The house was 319,999 and our down paymen...
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I'm starting a direct mail campaign in the next week or so and I want to have as many options as possible to close deals. First goal will be creative financing (sub to, owner financing, lease option etc) but I also ...
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Hello! I'm new here. We became accidental landlords when my husband was laid off and we had to move out of state for a new job. Then I had to learn things I never thought I'd have to learn. My husband works all the ti...
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I bought a small handful of SFH rental properties in 2019 and I am wondering if I should stick with my normal CPA or look around for one who "specializes" in real estate? I'm confident my current CPA understands the ...
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The story I am going to post below contains quite a number of rookie mistakes, so feel free to point them out. If you can find over 5 rookie mistakes, you get the prize. Here it is:
I hired a property manager based...
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Hello BP, first time poster here, and long time podcast consumer. Have listened to BP podcast for a couple years and finally things came together to purchase my first true investment property. It was a 1031 exchange ...
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Good afternoon and happy new year ! My goal for 2017 is to get my Real Estate investing career up and rolling and to hopefully end my day job . I don't have and investing experience other then the house that my wife a...