Robert Littke
Owner Financing or New Loan
Ok, I'm going at re post this because it disappeared and in the BiggerPockets abyss. So here goes the lengthy explanation (Again).
I have a client with a $230,000 mortgage on a $260,00 home and a 6 month old bankrupt...
Beth D.
What makes a contractor stand out?
As an investor, what are the most important aspects you look for in a contractor? What makes them stand out among the dozens of others doing the same trade?
When you have a contractor you use regularly, what w...
Wesley Duvall
New discouraged investor in Sacramento
Hello to all and a big thank you to BP. I've been a member here for over 2 years and never posted but I've done a ton of reading. A little about me and my situation. I'm mid 40's, work a pretty time consuming job, and...
Karin Crompton
Well, this is awkward ... (HUD 1 will say I'm loaded when I'm not!)
Hey all,
We are scheduled to close tomorrow on the sale of a property we rehabbed (woo-hoo!). This is my first rehab, and we will make a decent profit (again, woo-hoo!) ... however, the profit is nothing close to wha...
Lance Knapp
First Time Buyer - Now a Good Time? (Santa Monica, CA)
Hi All,This is my first ever post on Bigger Pockets and marks an exciting time for me. I am a commercial real estate analyst living and working in Santa Monica, CA. For about 6 months now I have been absorbing any edu...
Michael Andrews
Help assessing a deal with the 1% rule
I've been looking for my first multifamily property and I found a fourplex that just popped up on the MLS at $330,000 getting a net rental income of $2500. Looking at the 1% rule the price is way over the rental inco...
John Geldert
Hard Money "Holdbacks"
Earlier this summer I funded one of my BRRRR properties using a HML (for the first time). The terms were not that bad considering I got the the property at a steep discount and they were able to close in about two wee...
Sara W.
Tenants destroyed the apartment, what remedy can a landlord get?
Hi for all the landlord out there, I recently just had a tenant moved out because their lease is up and we no longer wanted to lease the apartment to them. When I inspected the apartment it is in a very bad shape - ca...
Eugene Beard
Non-payment Water Bill taken out from rent! Atlanta, GA
Hello BP,I have a situation that im not sure exactly what to do in so I hope someone in my Norcross, Gwinnett county area can give me some guidance.Here's the story. Im not sure how to make this sorry short sorry in a...
Bryan L.
Wholesaling, the MLS, and Realtors
I see the same questions popping up again and again from newbies, so I'll take a stab at discussing the issue of wholesaling MLS properties and working with Realtors.
First, a little back-ground. I am an inv...