J Smith
I found a comp that sold for half of my ARV!
I live in Palm Coast Florida and I got a call from a bandit sign from woman in preforeclosure. She got a loan for the house in 1999 for $63,000 and still owes $55,000. ( She has actually paid over $120,000 since her l...
Michael Beeman
New landlord.. Tenant Screening service? Rural area. Mentor
Hello BP, I'm Michael Beeman.I recently purchased a large older home with a garage that I am turning into a 3 plex, and in May I'm closing on a 6 unit apartment. I got some really great deals on these units.. But, as...
Sam Dal
Suiing the seller
FolksMy seller isn't acting in good faith on this SFM property in a NYC borough I'm trying to buy. There is a provision in the title where she can cancel contract if it's over $500 and it's about $5000 but I've agreed...
Ryan Cleary
New tenant paying low rent wants a garage door opener
I just closed on a long-distance duplex last month where I inherited one tenant paying under-market value. My property manager just signed a section 8 tenant today paying market value. The property is in great shape...
Reed Starkey
Sandwich Lease Option
@Brian Gibbons @Bill GulleyI recently began direct marketing to find deals to rehab. In this process I found a deal that is probably a great SLO. I admit, I have been so focused on Flipping, that I never took SLO se...
Uwe S.
Just I saw this offered property description
"I'll be accepting offers for the next two weeks. The best offer gets it. The property is being sold as-is with all it's faults, including two tenants and fleas. I will only be accepting cash offers.
Here's the GOOD, ...
Brian Armstrong
Newbie trying to figure out financing
I'm a newbie investor who has been learning a lot by reading many of the forums and listening to the podcasts. I've been searching the web for properties and target areas. Through my searching, I found a foreclosure p...
Dannielle Spencer
Is cost of short sale negotiator kosher?
Hi all, I'm not that familiar with the short sale process as I haven't done one yet. However, my father-in-law is moving and he is interested in buying a short sale in Albany, New York as his primary residence. The ...
Account Closed
Electrical questions with potential investment property
Hey everyone,Context: My wife and I are very new to the real estate investing world. We spent about 3 months looking at different properties and finally found a three-unit property in which we want to invest in as own...
Nigel Ford
rental house expenses
Ive noticed not surprisingly that when I lower the expenses evaluating a potential rental house, its much easier to find a good deal that cashflows. In John Shaubs book "building wealth one house at a time", When h...