Michael Lauther
need ideas to keep from selling family home
We recently Inherited Our family home in Bethpage NY. There are 4 grown children that will share equally in the estate that consists of the residence worth approx. 320,000 to 350,000 and 20,000 in government bonds...
Nichole Mollica
Tenant Occupied property deal... How would you proceed?
I have a potential deal that I received a call from a bandit sign on. It is in a pretty strong value town, and it is a bulk of several properties. They are all free and clear inherited properties and most tenant occ...
Harley S.
Tenant Invoicing Me
I have an interesting issue where I purchased a commercial property that was seller occupied. The seller stayed in one of the commercial units and I assumed his existing lease as well as the other existing leases. T...
Account Closed
Worst things to happen
Im looking to become a buy and hold investor. I'm planning on starting a company.My question is to experienced landlords is what trade skill example ( hvac electrician) would be the best to know. And what is the worst...
Curtiaus Williams
Burned by a friend hoping to find some recourse... Any real estate attorneys please weigh in!!!
The following transaction took place in Texas and concerns property in Texas. In November 2013, a friend of mine was having some financial troubles and had already moved out of the house she'd purchased. She was ren...
Bob E.
I Hate Dirt Bag Tenants: Scam Alert This Happened to a Friend of Ours
I wanted to alert the BP community to something that is going on in Arizona and is a scam by tenants looking to break their lease.Our friend rented a house to someone that was a little odd and a bit of a allergy freak...
Suzette Stone
Newbie Suzee - Posting Goals: Got criticism or book suggestions?
Hello! I'm Suzee.Up until I read Rich Dad Poor Dad last month, I believed myself to be a pretty well off 30year old. I'm married, have a kid on the way (8 months pregnant), a house (Long Island, NY), 2 dogs (rescue Ga...
Brianna M.
10% down on investment property?
Looking to get a conventional loan of 40-60k with 10% down on an investment property in IN or TN. Credit is 750+. Anyone know who would do this?
Mark Wolk
Property and pessimist theories
Some say that the current financial situation may evolve into a crisis similar to that of 1929. So, how did mum and dad property investors come out of the 1929 crisis?
I suppose they had a hard time for several years...
Jeff Linder
How does this work?
So, what I'm finding with hard money (still having trouble finding private money) is that many HML will lend up to about 65% of the PURCHASE price of the property (not the ARV)... leaving the purchasing investor to co...