Hey everyone, my name is Walker, I just got started here on BP, I’m working to educate myself on REI in northeast Ohio, I’m open to other markets, but I’m acquainting myself with areas I know, and hopefully, I can acc...
Hello guys,My parents own several properties in San Jose and have been using the same tax guy for 20 years or so. However, I don't think he is very good. Basically, they use him because he is cheap and they have used ...
We are fairly new to investing and we are currently working on wholesale deals. We received a call from a potential client that is in pre-foreclosure and would like to work with us, however, the situation is a bit odd...
Hello BP, looking for thoughts on structuring a master lease...here is the situationHave a potential on 16 unit multi -- this multi needs some significant work (although mostly cosmetic, looks like a dumb but it is ...
Hello,
Regarding Absentee owners:
I am adding this to my marketing, for a particular zip code in my area. I have the list, and plan to send a series of direct mail pieces to them, all different, every 4-6 weeks. Sma...
I was talking with a friend who works at a title company here in MD. I was asking him about assignment contracts and he said that alot of companies don't do them because it can get THEM in trouble. His reasoning was t...
In 2013, I set out to better track the performance of my rental properties. I wanted to treat it more professionally, at least from a documentation perspective. Here’s the results of my properties, 2 duplexes, or...
House on market for 55,000
3bed/2bath
No real repairs, just cleaning/paint.
Good roof, updated wiring,plumbing,siding
Fenced 0.56 acre lot
Sold comps 50,000 to 68,000
I can get this property for 16,812. (Clear tit...
This seems like the best place for my question. I recently offered on a Freddie Mac foreclosure for my personal residence using the 203k streamline financing. I am pre approved and such. Good credit, income, low de...
Hello All, had a question, in Florida, when buying from an auction does buying the 1st Mortgage wipe out the 2nd Mortgage?