I am a California resident. I rented my former townhome through a prop managment company. In late August we notified our tenants who are 1 year through a 2 year lease that we would be moving back to their area from Se...
Can someone give me a good example of how someone could overleverage themselves in Real Estate. I just don't understand how this could happen because wouldn't the bank see that and not loan you the money for the deal?
Anyone has ever had any experience with sheriff sales ? I know it's a kind of pre-foreclosure, but I do not know that much.
Is there a set amount of time for the work to be completed, or is every lender/program different? Can any contractor (licensed & insured; vetted by HUD consultant) be used? Thanks!
Hey everyone. I kinda have an interesting situation and I'm hoping to get your help. Parents got divorced and in the divorce decree, I was to be gifted a multifamily. The multifamily has been in my Dad's name since th...
I just got a property back from a tenant, in the Phoenix area. The tenant volunteered to me that he had been smoking meth in the house. Otherwise I wouldn't have had any idea. There is no noticeable smell or anythi...
Hello All,Newbie here and just getting started working on learning about note investing after hearing Dave on the BP Podcast and reading his book. So thanks in advance for answering my (likely) basic questions.I'm loo...
Hi everyone, i am preparing myself on buying my first property and right now thinking to create an LLC. One caveat is since i am on H1B, I will not be able to work for my own LLC. The rules say to hire a manager and h...
I am buying an investment property. just finished inspection. Termite damage on door header was noted by inspector. but Seller said they had a contract with a pest control company for treatment every year. Dose it mea...
Hey BP’ers…I am really discouraged and looking for some advice.Context: My strategy is small MTR’s in Tulsa, Columbus, and Asheville. I own a primary in Vegas. I’ve identified two condos at $40k each I want to buy. B...