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I recently listened to the audiobook, "Work the System," recommended by @Andy Kaufman at our last meetup, and it gave me some great ideas about setting up more well-defined and documented processes and systems ...
I’m asking because I have a deal. The owner says we will go to a notary and get the lease option contract motorized. Though since I’m wholesaling it, I thought it needed to go to a attorney in order for it to be close...
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What extra precautions would you consider now when buying SFHs for buy/hold? We have a deal of 13 SFHs with a 30% ROI after taking the following allocations: - 21% towards repairs/vacancy/capex,- Paying taxes and insu...
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Hi BPI am new so please forgive me if this has been answered.I just purchased my first home (home with legal basement suite) and take possession on Dec 15th. Part of the deal is that the basement is currently leased ...
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Recently, I was driving for dollars, so to speak, and stumbled on a vacant house that I had not seen in the past. It is well kept and there clearly has been some property preservation occurring. The utility service ha...
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Hey everyone, I’m studying for my real estate exam in CT and have found a foreclosed home in Norwalk. I’d like to dig into and see if it a good investment opportunity. I have two investors interested in properties in ...
Hello all,I'm a new real estate agent and I have a question. A coworker of mine knows a lady that is currently renting a house upstate. She is not the owner of the home but she's the person living in the home paying r...
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In April we switched PM, this tenant in SFH stopped paying. It took several months to evict him and cost extra attorney fee. That guy forged payment receipt and appealed in housing court! Can you believe that? It's n...
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Hello, I am an active REI that has a successful company in OH. In a year and half I will be forming a new LLC operating in a different state where I plan to open and run a separate REI company under another LLC. I re...
Hello everyone,I cannot seem to find the answer to my question through research, although I may have gotten a bit lazy in my search knowing the knowledgeable people of BP might have the answer. Here's my situation:In ...