Ken M Middleton
Paying 1st month's rent to PM if you find your own renter
Hey BP,
I'm looking at getting into my first property management agreement, and I'm pretty sure that I can find and screen a tenant on my own and would only need a PM company to maybe do potential showings for me sin...
Alan DeRossett
Atomatic License Plate reader Cameras and Software
Hi, As a lanlord and property manager of our own properties. I wanted to set up Automatic License Plate Reader Cameras and Software to detect Strange vehicles in the complex. We have a HOA annd so was wondering if any...
Hassan Omar
example of hard money deal with refi
here is an example of how to use hard money to buy and rehab your foreclosure purchases, all the way thru refinancing them to a conventional 30 year loan. Yes, I agree that you can get properties for far less money...
Account Closed
Embracing debt at a young age
I'd like to get some opinions on debt. I'm 23 and have 6 figures on school loans, which don't bother me a bit, matter of fact I refinanced them from 12 to 20 years to free up cash for REI (cutting my interest in hal...
Meredith Mihm
Owner financing: interest due on sale!
Help-- should I do this? I just negotiated an owner financing deal that I am happy with. I like the down payment and the monthly payment. The property is distressed, and I will be getting it for a good price. He wants...
Chris C.
Diary of my 4th flip
So I am going to jump on the diary band wagon and document my 4th flip. This is my third of this year and 1 last year.Just got word from my agent that the bank has accepted my offer. Just waiting for the documents t...
Collin Hays
Beware of "land for sale" scams
A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
Kae M.
House hacking vs out of market
2021 Goal is to grow to 10 doors from 1, investing for cash flow.I currently own 1 rental in San Diego that breaks-even because I stuck my retired parents in it, it’s 60%LTV with $320k mortgage, worth $545k.I rent in ...
T Brown
Agent steering us away from short sales, foreclosures, etc
We are just starting out in our buy and hold strategy, and I specifically told my agent that we want to spend around 40k, and are interested in short sales, foreclosures, etc. She showed up for our first meeting with...
Art Maydan
FHA Offers Looking Weak - Express Loan Approval?
I just put in an above list price offer on a 2-flat with an FHA pre-approval and they took another offer. I suspect this is going to keep happening when inventory is so low and buyers can choose someone whose financin...