Harry Metzinger
Cash Offers on Short Sales
In my limited experience, it seems that many banks value cash offers on REO properties. In other words, a bank will accept a cash offer that is at a lesser amount than a financed offer. I am curious in your experien...
John Harrell
Texas property tax sales, the good , the bad , the ugly
So you decided to get into the tax sale business . You get the tax sale list study the properties and decide which ones you want to bid on. You have listened to all the guru's talk about how easy and profitable it is....
Helen Zhang
Dallas, Texas, a property with Weird Tax History
Hello BP community,I am in the process of purchasing a property in Dallas Texas, and it is a REO property.I am cleared with title insurance and received title commitment. However, when I looked up the tax history on t...
William C.
Two foundations for one house
I am interested in buying a house but just found out it has two different foundations under the house. The majority of the house is on a pier beam foundation, while two small areas have slab foundation. The result i...
Roy Oliphant
Driving for dollars?
Ok. So I get all real estate is local and location, location, location.'Driving for dollars' makes sense to me on a basic level; Learning about a neighborhood, looking for FSBO's and rentals, or looking for distresse...
Peyton From
Should I give up on real estate?
My journey investing in real estate has not been long and I have already faced what I see as extreme difficulty. I bought my first single family rental in September 2021 in a strong and growing market (Chattanooga TN)...
Micah Smith
Wear and tear vs. damage and how to deal with tenants threatening a bad review
Hello,I have let a tenant know I would be charging for a couple things, including a pretty bad water stain on a nice new wood coffee table. Tenant complained that I wanted to charge for the stain, for diminished value...
Dillon Siddall
Dealing with rent and friends!
Hello, So I have been taking advantage of the mortgage deferral program, and saving the money for reserves. But I have also been letting my roommate skip rent payments because I am not paying the mortgage so he can sa...
Brian W.
Section 8 Empire
Hello Everyone!A little background - I make around $760/month working for a realtor (I give house tours and such). I am 20 years old, and $20,000 in debt! I wanted originally to buy a ~$150,000 house and rent out in...
Account Closed
Detroit investors advice please
I bought a home in Detroit Dec 2009. It was a package including rehab for $35,000, in a good neighborhood. To make a long story short, I had unexpected bills and bad tenants. I had to change management companies to ge...