Alright so i'm attending auctions with equity.
What are the pitfalls of buying at auction?
1) Title issues?
Have any of you lost your deposit due to not being able close with hard money due to title issues.
has the ...
Hello,Coming pretty close to purchasing my first buy and hold investment property. Had a few questions I started considering to make this transition go smoothly:How should I make purchases in my new small business? ...
I have a contract on a house I rehabbed, and the buyer wants to go two more weeks berfore closing, its been 6 weeks already, should I let them extend this, or should I get a larger deposit? I got 1000 on a 225,000K ho...
Hi BP,I am having a problem qith a tenant whose lease expired 8 years ago and i can't evict her in a legal perspective because of financial. My tenant wanted her apt painted after two years. We did the painting ( eher...
For the record, this is NOT my plan. I'm curious if anyone has ever bought a house at auction (in cash) just because its such a good deal? And then figured out the hard money lending for renovations after? I'm new to ...
I am relocating to Charlotte next spring and purchasing my first owner-occupied rental. I will be purchasing a 3BR and renting out the other 2 rooms. What I'd like to know is what are some effective ways to vet my ten...
Hi,
A few facts:
- Triplex under contract
- 100% occupancy
- FHA loan secured
- 100% tenants on month to month leases
- Due Diligence stage is almost complete.
The question...
I have 3 guys in their 20's who want to rent a house from me. I've been a landlord for over 12 years and usually deal with families, these guys seem to be responsible and have good jobs and combined make over 100k. Th...
Should I create a second bank account for my rental money to go into or should I just use my current bank account for all the money that's coming in ?
We are are first time multi-family property investors. We have run into a problematic situation. The property we are looking at has 2 units and both are currently occupied. They are both paying way under market value ...