Anna Estes
PMI effecting short sales
I have not seen this problem addressed in short sale discussions.
I am losing some short sales because of the Private Mortgage Insurance. The lenders refuse to discount the mortgage because the insurance company deman...
Jarred S.
Quarterly Walkthrough - What to look for? What to ask?
When you do a walkthrough of a rented unit (assuming you do) what are some of the things to look out for? Also, what questions are you asking? I am looking for smoking inside, making sure the electrical outlets are co...
Jack B.
A presumed sexual predator just tried to rent from me
Unbelievable. Besides his vague inquiry about the bg check, he was unwilling to tell me what his exact charges were. Just that they were child abuse. I asked him if it was a felony and he hemmed and hawed but wouldn't...
Alex Harris
Mortgage Note in Alabama. Need assistance
Hi BP,
I'm a relatively new wholesaler (started about 1 1/2 ago) and get leads from other parts of the country sometimes. One came in the other day from Birmingham, AL and I have an idea how to handle it but ...
Timothy Jacob Wallace
One Electric Meter for Duplex
I'd like some feedback from the BP audience.
Long story short, I bought a duplex on a lake. The margins are slim but still positive, but the reason I purchased the house is due to property values rising a signific...
Brennen Bridgeford
Requesting help/ guidance
I have been reading, networking and learning for years but have yet to pull the trigger. I have been all over the map, trying to fix and flip, buy and hold, STR etc. and I have finally realized it's too much. I know t...
Andrew Mazzenga
Business Plan Development
Hello,
I been interested in flipping properties for years, being raised in a family residential developers and mortgage brokers and bankers, i have seen the best of both worlds in real estate. and i have grown to be...
Jeff Trayer
2 bedroom 1 bath
I'm trying to get started in the rental business. I know that the best homes would be 3/2/2. However, I'm seeing some possible good deals on 2/1/1. These homes will need less rehab, have much lower taxes and insura...
Charlie Moore
Do you ever give a full security deposit back for D class rentals
I have YET, to have a tenant follow the lease and leave the house in good condition
Sean McCluskey
Foundation Issue or Just Old Adhesive?
Hey BP, I'm looking at a potential BRRRR deal in Indianapolis and this was the biggest issue that came up on the walk through. This stone siding on the front of the house, under a porch overhand, is falling off the si...