Dustin S
Killer probate deal - need advice
Hi!
My partner and I opened escrow on a property with a seller who was contacted through my partner's direct mail campaign. ARV is $400K, 10K in repairs, purchase price is $285K. We were told by the seller th...
Joshua Chen
Lease option benefits
What are the benefits of lease options versus other exit strategies?
Gretchen Roberts
Apartment building appreciation: rule of thumb?
Do apartment buildings appreciate in the same way single-family homes do, only at a lower percentage, or is the value of the building at the time of sale based solely on NOI and cap rate? I'm working on a long-term bu...
Travis McCarthy
New construction deal seeking advice
I got involved with a new construction deal. The overages have been far beyond anything I expected. Also, my partner’s spending on materials has been very high. He’s built a very high end luxury property in a neighbor...
Macie Moore
Need advice on Pursuing Seller Finance on this deal
Hi BP Community,My husband and I are ready to make an offer on (3) single family homes, one of which we are currently renting. The three properties are owned by the same person, which luckily happens to be my husband'...
Ryan Monier
Potential tenant wants to pay 1 years rent up front!
I have a potential tenant that would like to pay the entire years rent up front. I have already screened tenant through an online service and was wondering why would tenant give me over 15k instead of paying monthly...
Chrisovalantis Boutsikos
New Investor, but i live in a hot market. Where do I begin?
Hi all, I'm a new investor trying to buy my first rental property. I live in Long Island, New York. I make 6 figures, my DTI < 10%, I have excellent credit, I've been pre-approved for a 650k loan, and have a nice c...
Sean Wang
How to find Vacant property owner’s contact info
I found this vacant property and found out owner’s name. Did People search and found some phone numbers but tried them all, non of them are available or correct. There current address is the vacant property address.D...
Account Closed
hold over tenant
Hello,I have a property that is managed by a property management company. The lease ended 1/31 and the tenant was supposed to move out end of January. The property management company applied last months rent towards ...
Dominic M.
House Hacking Steps 101
Hi BP community,
This maybe a common discussion, yet I am unable find concrete data or someone who can share their knowledge on a second or multiple house hacks. Here we go:
Correct me if I am wrong but, FHA loans...