Albert Mainja
Flipping new homes?
I was reading a real estate book that mentions a strategy of how investors can make a quick profit by putting down a deposit on a new home that a builder or developer hasn't even started, basically, making a reservati...
Tony Santos
Analyzing Rental Properties
Hey BP,So my partner and I are currently in the market for a buy and hold. We currently own a single family buy and hold where the numbers made so much sense that we didn't even have to analyze. Now that we are lookin...
Kalen Mills
structure business for inside &outside liability &for tax benefit
I went to a REI seminar recently and heard some new info on how to set up LLC, S-CORP & TRUSTS. The guru was saying to have your llc under an s-Corp for multiple reasons. 1. It provides layers of liability protect...
Johnny Thompson
Any Appraisal Tips?
I’d like to hear from some of the more experienced investors if there are any tips you can share on how to increase the chances of receiving a higher appraisal after the renovations have been done?I’m not necessarily ...
Robby Sanchez
No sellers disclosure
The owner of this property that I am submitting an offer on in round rock is choosing not to provide a sellers disclosure. I plan on getting an inspection but is this a red flag? TIA
Jason Krawitz
1st rent payment after moving in is late.
So rent was due yesterday. As of today, still no money in my bank account. I provided a stack of deposit slips when we signed the lease and outlined expectations on how rent will be paid via deposits into my account. ...
Bill Regan
Pay off Student Loan prior to Mortgage app?
Hi. I've got about $3,000 left to go on my student loan, with a payment of $156/month. I'm going to be applying for an FHA mortgage in July. Only other debt is a car loan of $200/month, credit over 750.Wondering if...
Falon Sexton
Pulling Equity out on a Construction to Perm
Building a duplex and applying for a construction loan. We own the land free and clear. We will be using the land as collateral for down payment on construction loan. The cost to build is about $180k and the land is v...
Leon Lee
About removing appraisal contingency
Dear BPersI have a question about removing appraisal contingency in bidding a property and would like to hear your suggestions on it:Recently I bid a hot property (according to Redfin). Although my offer does not have...
John H.
Corrupt REO Agents
I'm calling it now, in a few years, you'll see a 20/20 or dateline show about the post housing boom corrupt REO agents.
It looks like some banks are catching on though...as some require ALL offers to go through their...