Cheryl Moore
Need help with a tenant situation
Hello BP I need some advice I purchased a property from my contractor/partner. He told me that he already had a tenant lined up to rent the house too. It is one of the guys who works for him. My partner vouched for th...
Alvin Pereira
Wholesaling - Explain Like I'm Five
Hi BP!
I've done a few deals over the years, but they've all been either buy and hold or flips. I keep hearing more and more people talk about wholesaling claiming that you don't need to be a licensed realtor to do s...
Charles McCabe
First occupant contact recommendations for REO triplex.
Tomorrow I'll close on an REO triplex in PA in which I believe at least one of the units is occupied. The former owner is not one of the occupants. How do you recommend I make my first contact and work with them?My ...
Mitch Kronowit
Pooling investors money for a cash purchase.
There was a topic on this about 2 years ago, but I wanted to update it with my own information. Plus, I think it's a very useful and relevant discussion for other investors out there, considering especially the curren...
Jason Scharf
2nd offer in a row fell through
So I am trying my darnedest to secure my first deal and well, I did not get the winning offer on either. I know that two offers isn't exactly a lot and that I am in the infancy of the Real Estate Universe, but I am tr...
Tim Vecchioni
Developing relationships with HML before 1st purchase?
So I am finding my first problem. The fear of finding a deal and not being able to finance it. A lot of deals require a EMD. No problem. However, if you get that deal and put the EMD in, now it's on you to find the r...
Andy M.
Subject to insurance question
I've been doing sub to deals for a while but I have never run into this problem quite like this before. The first mortgage lender (Ocwen) is asking for evidence of insurance and my agent supplied it but the borrowers ...
Paul Tibok
My first rental. Tenants are not leaving after lease, please help
Hello BP, new landlord here. I need advice. My property is in Fl. I bought my property in August and took over the lease for the previous owner. My tenants lease is up Jan 31. They told me they were leaving last m...
Ed Matson
HUBZU Purchase and Sale Agreement
Has anyone had experience closing on a property with after winning a HUBZU auction? Their PSA looks very one sided to me.
Lisa Tolan
URGENT!! Local Investors, please HELP! (High Desert, So. Cal.)
I have gotten a response from a yellow letter that I sent for a property that I found driving for dollars.The property's potential ARV is $145K and just based on the outside of the property, it looks like there is abo...