Susan Charbonneau
HUD house woes!!
I won a bid on a HUD house. I bid on it based on the HUD home report. It looked like there wasn't too much to it. I also had my own home inspection done.
Turns out, it has some major flaws ($$$) The sub floor and be...
Dakota Rice
Flood issues right before closing
I’m two days from closing on my first rental property and I just found out that the property’s basement flooded for the second time in the last week. The property is an over/under duplex, and we have had excessive amo...
Jesse Conners
PLEASE HELP QUICK!
Ok.. a motivated seller called today. his house is worth maybe 175k. Comps range from 143k-195k a lot of them being south of 175k. He owes 183k ruling out keeping the existing loan in place (right?). He says his rock...
Cody Barrett
My Brother asked me to manage his property.
My older brother recently bought a new home for his family, moving him out of his current duplex that he can't sell because he's underwater. He also does not want to deal with being a landlord. Here is where I come ...
Howard Chang
Tenant unauthorized alteration, wants reimbursement
Hi, I've come to ask a problem I am facing with in a townhome rental property my parents own. In July, the tenant purchased a $8500 new 3 ton AC unit to replace the already working unit (previous was a smaller size th...
Dana G
LLC?
Hi All,
Is it better to start an LLC to begin investing or can one simply get business cards and go from there?
Casey Mericle
SDIRA Expert Question
BPers,Let's say two SDIRAs invest in a trust. SDIRA #1 investing $80,000 and SDIRA #2 investing $20,000. Is there a way to split profits in any other way than the percentage that goes in (80/20) in this case? Could...
Madeline McKune
Seller finance + private money?
Hello! I have been looking at getting into real estate investing and have had a hard time getting started (hoping a lot of you can relate!). I don't have a lot of money to start (about 10k cash) and it seems like all ...
Donald M.
Deciding between Tenants
It looks like I may have multiple acceptable tenants for a rental. Am I allowed to increase the rent and see if someone is willing to pay it (or ask each tenant to give me a monthly amount they are willing to pay), or...
Melvin Jones
My current situation , tracked owner of vacant house down knocked on door and he pretty much wants nothing to do with the house
Ok this particular house in Memphis tn is 3/1 with little over 1100sq.ft, its in a very good area with goods schools school bus comes directly to street which I see as a plus the house needs about in my conservative o...