Charles White
Advice for newbie, flip won't profit
Hello BP members,Here a newbie from WA that is in trouble. After studying for many months the possibility of buying a house through a foreclosure action I finally did it, and even though I knew about the risk and repe...
Ryan Biankowski
Keys to Analyzing Local Markets Before Buying Investment Property
Hello all,
I am curious as to how you personally analyze the local real estate market before you purchase a house for A) Flipping and B) Renting?
What are the differences you look for? (Ex. Neighborhood, school dis...
Lucas Hallenbeck
first financing- hard money/private lender or traditional loan
Im new to real estate and have been looking at different ways of getting funding and am not sure which method to pursue. Any input would be great and any dos and donts. thanks for time everyone have a great day and ha...
Kevin Wareham
Home possible requirements
Hello long time lurker here with a question. I am looking to purchase a triplex/quad within the next year through the home possible program. I’m a 23 year old self employed contractor with a 700 credit score.
From 20...
James Letchford
Rent to Own Situation? Need some help.
I’m rehabbing a property that fits nicely in my wheelhouse. The rehab is on a construction loan product and when the appraiser went to the property, he expressed some very serious interest in it. It turns out the appr...
Thomas Weidner
Why word anyone wholesale their property?
Recently my wife and I had a discussion about wholesaling. She asked me why would anyone want to wholesale there house when they could sell it thereselves for more money. I tried to explain why they may want to wholes...
Nick Patel
Can you make Tenant pay fix amount for repairs
I am creating Baltimore County, Maryland Tenant lease and want to know if you can make Tenant pay $50 for each service call or $50 for each Repair. Is this legal in Baltimore county? If i am not mistaking, Landlord i...
Bob Smith
Complicated taxes - CPA making mistakes
Curious what is acceptable. Like many of you I have complicated taxes. I have 30+ properties, sales, purchases, multiple entities, different tax years, K-1's to send, k-1's received, W2 income, cap gains, cap losses,...
Noah Weitzman
Annual fees for being a REA and representing yourself?
Hello! Thanks so much for helping with this. Looking into getting my REA licence but cant seem to figure out what the fees will be annually if I only wanted to represent myself and have access to the MLS? Do I need to...
N/A N/A
Here's My Situation... How Would YOU Finance My Next Rental?
So last month, I finally bought my first rental. I did it on a 5-1 Option ARM. I also have the same thing (5-1 Option ARM) on my private residence. Now... I'm making interest-only payments to keep from going into n...