I found 2 properties that need major rehab. I found the owner by looking up in my county records or the location of the property. I then sent the owner a letter that I wanted to buy his property using the yellow let...
Our offer was just accepted on a short sale. We just went in to do another inspection and saw that someone busted about 3-4 windows. It's still a great deal, but do we have any recourse for the damage done after the...
Hello BP fam!My husband and I are currently in the middle of working on our fixer upper and now...BOOM! Water damage in our living room wall..big hit to the budget. We were going to replace our cabinets but it’s not i...
Recently I had to file an insurance claim on one of my buildings: There was a break in and vandals cut away copper pipes throughout the utility area/basement. A lot of money had to be spent to restore water service ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Buffalo.
Purchase price: $45,000
Cash invested: $10,000
I stole this one. Throughout the process, I kept waiting for somet...
Hello, we are very new at this and in fact have put our first rehab on the market (which happens to be our own home). It is the first time that we have sold a home, and it has been on the market for around 140 days so...
Hi everyone,
I own two rental properties one in Los Angeles California, and another one in Las Vegas NV. Both have mortgages, I enjoyed managing both, and because of that. Last year I bough a cabin with 5 acres i...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $420,000
Cash invested: $370,715
Sale price: $450,000
"Archer Ranch" in ~Horse-Town~ Jurupa Valley, California....
Hello everyone,I am new to real estate investing and this may or may not be a basic question, but how do/do you obtain a property’s expense prior to putting in an offer or down payment? Do you ask the broker/seller or...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $60,000
Cash invested: $62,590
Sale price: $154,900
FEMA flood insurance rates discouraged multiple offers, but...