David Smith
Lease Option - Taxes and Insurance?
Who typically pays for the property taxes and insurance during the lease portion of a lease option? Is it always negotiable or is there a standard?
Jon Wright
Closed on my second rental today and did my taxes
Closed on my second rental property today! Very excited to get it up and running and find a tenant. Not quite hitting the 2% rule but over 1.5 so I'm pleased. Also did my taxes today and was able to use tips from BP o...
Stephen Paunovski
First Post
Well this is exciting. It's weird because I've been reading so much about real estate and have been on the site for a while now that taking the first steps into the forum and taking action in real estate is a new exci...
Brennan Boyd
What returns do you look for on rentals when paying cash?
Hello BP community, I just wanted to get an idea of what a good deal looks like when paying cash for a residential rental property? I understand the numbers behind a good property when financing it, but I wanted to se...
Jeff Porter
When does it make sense to get an insurance license?
At what point does it make sense to take the time and spend the money to become licensed to sell insurance, represent an insurance company or brokerage, and sell yourself insurance? The thought crossed my mind and no...
Sam Ojo
Direct Mail to Property Owner
Hey guys need some advice and opinions on my property owner letter draft. For great leads on property's owned outright in my market area. Some say to keep it short and sweet, while others state to personalize it by ma...
Chris Armstrong
Direct Mailing Owners Charleston South Carolina
Hello again BP,I am very new to the real estate investing but I have been learning a ton of things about the steps I need to take to start the process and get my first deal. Lately I have been driving around some of t...
Account Closed
Fuel tank
Hi BP friends,I am currently trying to buy a house. I found an abandoned fuel tank on the property and the seller has agreed to remove it. The removal will be done by a certified company and an inspector from the town...
Robert Gunther
Equity Lending
It came as a bit of a shock a few months ago when I contacted a mortgage broker about financing, using equity in a property to secure financing.... it is just not possible with traditional banks in Canada anymore.One ...
Steven Williams
Statute of Limitations Expired on a Second Mortgage in California
Hello BP Family,I'm trying to close on a deal in Fairfield California before the primary mortgage holder forecloses on the property sometime next month. I'm able to offer about $25k more than the payoff from the prima...