Robin Ferrier
Buying notes - rates of discount
Hi, I am new to the concept of holding notes as I am contemplating offering my property with seller finance. I have a property I would like to sell for 30k. If I were to receive money down of say 10k (probably less) ...
Mike Hibbs
First flip under contract
Hi BP,
I wanted share my first full flip results. After Pics here -- http://www.tourfactory.com/1439937/r_BP
Purchased on Auction.com - $147,000
Rehab - $35,000
Holding costs - $~1,500
Contract price - $239,000
Es...
Jessica Monroe
Starting a business for friends / family to invest
Good Morning BP,Over the last year or two I have shared my RE interest with family & friends. A handful of them have reached out to me and want to be a part of it, a few want to actively invest with me (buy &h...
Cheryl Naegel
Section 8
Hi everyone! I have a long question here concerning my rental in Indiana. My home is currently empty. I would like to sell or rent it to my sister. She is 67 and receives Social Security benefits---her only income. Sh...
Nicole D.
If you pay taxes on home can you obtain title?
I came across a home and the owner has been deceased for over 10'years. The property has been vacant since her death. I spoke with the neighbor, he notes that her son has no rights to the property. I'm not sure if she...
Meggan Kaiser
Please Help Me Understand How Equity Matters?
At this risk of outing my foolishness, here goes:I trust that I should be targeting homes that are close-to or fully paid off, but I can't wrap my brain around WHY. Math stuff, I think.If someone is struggling and the...
Hahna Reyes
If tenant refuses to pay last month rent+electricity
My lease agreement with tenant is month to month and the rent has to be paid by tenant by the 1st of every month. But now it’s the 3rd already and I don’t receive the rent from this tenant yet. Today (3rd) I’m going t...
Richard Moreno
Eviction time.. again! Providence RI
I actually am looking fro recommendations for eviction attorney! And I thought I would share whats going on. This should be a continuation of one of my previous post, because it has to do with the same tenant.This is ...
Amanda H
Competing with another investor..
Happy Wednesday BP,
Im a newby so please bare with me..
Today I put on offer on a REO for the asking price (the bank just dropped price by ($25K), $5K earnest money, waving inspection and a 5 day close. I did this k...
Robert Miller
Tax Question
I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...