Account Closed
preselling a flip?
this is a new one for me, and wanted to see if anyone else has experienced this, or at least has some ideas... had a flip go on the market, and right away we got a few offers. we're under contract currently, but th...
Raj Singh
Need advice - Purchasing First Investment Duplex
Good Afternoon BP Community,I am excited to purchase my first investment property (Duplex in Sacramento, CA) the duplex purchase price is $600,000 and there currently are tenants at the property. One tenant is month t...
John White
Notifying Tenants I'm Inheriting
Good Afternoon...I'm a month away from closing on a side by side duplex that are occupied by two tenants who I'm inheriting. When do I send them a letter, notifying them that the rent (as of May 1st) will be payable ...
Siah Hawton
Is NNN lease a good first investment?
I have been looking into investing in the commercial real estate space. Triple Net Leases have caught my eye as a good possible investment. I was wondering if this kind of investing is good for a novice or not? Especi...
Nick Vehr
Tenant never moved in do I keep the deposit?
Just wanted some insight on this. My tenenant became very needy, and began requesting weird things, (all new windows on house, deposit back, discount on first months rent) because the house was "Unlivable" with screen...
Andre Brock
Good questions to ask out of state property mannagers?
Hey guys just creating some dialogue but if you were going to buy and hold in a new market what would be some great questions to vet a property management company? looking to line up some possible property managemen...
Mitchell Handley
Apartment Building Syndication
I have what seems like a very simple question about Real Estate Syndication's that I am having a hard time finding an answer for.If I was to invest $200,000 in a real estate syndication. After 2 years the syndication ...
John Thedford
SHTF: "We Buy Houses" Guy Sues When Seller Defaults
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
Ken T.
First real estate deal as a lender
Hello BP! I am one step closer to officially being an investor. I have been presented with a promissory note secured by real estate by a borrower, but I am very nervous about how to proceed with the drafted note provi...
Brian Barnes
DoHardMoney/HML
So I just got off the phone w/ a Rep from dohardmoney. (A HML on biggerpockets site for IL). Has anyone used their service? How was the experience for you? As a new flipper with limited funds, you all know the fru...