Huy Thai
CAUTION: POSSIBLE SCAM
Hello BP,I wanted to share with you a possible scam I've noticed in the Houston market (could be others too). I have multiple properties vacant and have received calls from interested parties naturally. I showed one ...
Gregorio Villar
What state(s) should I look into buying rental properties?
Hi Everyone,This is my first post on BiggerPockets.Can anyone point me to an article/video/resource that will teach me how to select the best city/state to buy rental property in and factors that I should consider whe...
J. Martin
Deal/Success Story in Process: Cash Flow in the SF Bay Area
Just under a month ago, I closed on a 4plex in (East) Oakland, CA in the San Francisco Bay Area. It was a HomePath property that had been on the market for just over 6 months, and was able to squeeze in with a convent...
Jacob Beg
Did I dodge a bullet or was I too suspicious?
I had a rental application from someone with poor credit. She furnished paystubs showing a very handsome salary and was more than qualified, willing to make two months security deposit and start the lease immediately ...
Charles Constant
Seller Won't Vacate After Sale
We bought a home in Pasadena from a wholesaler with the intention of doing a fix and flip. They had a contract with the 83 year-old seller saying she could stay in the property for 15 days after COE, to which we also ...
Joe Szymczyk
Using rental property for reitement after 60 or so
Hello,How are you guys determining when a proper/ty has maxed out its value from the market recovery and its time to sell ?How are you detetmining when we are close to a peak in the housing market? or how do you decid...
Nicole R.
Defendants Filing Bankruptcy to Stall Sheriff Sale Confirmation
Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
Ryan K.
Contractor price - lump sum or breakdown?
Curious to know how everyone is receiving contractor scope of work and pricing for rehab projects, do your contractors provide a scope of work with a lump sum total, or do they break down the items? For example, say y...
Gary Fox
Ownership by Contributed Capital vs by Tax Capital Accounts in small syndications
Found this site looking for a JD or CPA (or JD/CPA) to answer one question. Sole manager for these (small, < 2.5M in investor funds max) syndications has been convinced by his CPA that the only IRS-compliant metho...
John Thedford
Wrote Another Mortgage-12% Plus 4 Points-NO TENANT HEADACHES
For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...