Eric Johnson
Rehab Question - Allocation of Funds
Greetings BP members,I'm looking to purchase a property and rehab it to flip. My question, is there a rule of thumb about how the funds should be paid out to the contractor? For example, if a contractor gave me a qu...
Rayan Faris
How can a property owner be held liable when using a property management company?
If a property owner is using a reputable property management company how can he be held liable? What could he be held liable for?Obviously if he denied repairs or funds for them?What else if he isn't actively managing...
Kyle Mitchell
Questions to ask Property Management Companies
Hi everyone,I am interviewing several property management companies and wanted to make sure I am covering everything. Any suggestions on the specific questions I should be asking when interviewing them?Thanks,Kyle
Jon Carcone
Having Problems w/Code Violation & Out of State
I'm having problems getting lists of properties in northern virginia with code violations and with out of state owners. I've called a couple of times and keep getting told by the courthouse that they don't have lists...
Rhett P.
Tax Deeds with Mortgages?
How can I find out if the title on a tax deed is owned by a private individual or if it was financed by a bank? Also, after you buy a deed is there a chance that the bank can take it from you if there is a mortgage st...
Joseph Lieberman
6-plex Financing Questions
I've had a rough time finding "great" deals in my area (Corvallis/Salem OR) - but I have found one that is at least on the boards of reasonable. I'm not in a rush, but I had some basic questions. Feel free to get in t...
Edward Rogan
Section 8 Strategy
I'm new to investing and currently analyzing 3-5 unit properties, in search of my first deal. My plan to this point has been to find a property in a B-class neighborhood in Philadelphia, PA. The other day I spoke with...
Scott Showers
Results From Direct Mail
I'm curious as to the success rate of everyone's direct mail campaigns. Do you use postcards or letters?How many do you send per month?How many times are you hitting your list?What is your response rate?How many deals...
Tom Kelly
Is this legal?
My CPA is coming on Saturday to discuss this but I like and value different opinions in particular from other experienced professionals.I have set up a self directed real estate IRA and will fund it with $100,000. I w...
Loren Howard
How Do You Build a REI Team?
No one accomplishes anything alone! YOU NEED A TEAM!!! The Mentor, The Realtor, The Accountant, Contractor, The Property Manager, and Investor! Who are you missing on the team? Did I forget to add someone? How did you...