Jared Garfield
When Did You Decide to Buy Someone Else A House?
When I was in my mid 20's I was looking at purchasing a really old (1930's) two story Victorian in rough shape for like $15,000 (a strategy I would never recommend). The tenant was paying like $600 per month, and she ...
Jonathan Twombly
Did we investors cause the Great Crash of 2007?
This article just popped up in my Facebook feed. House Flippers Caused the US Housing Market Crash.It suggests that it was not subprime borrowers with bad credit who caused the crash, but investors, based on the fact...
David K.
Coin Ops profitable for you?
Generally how much are you taking in a month.... Thinking of upgrading a 3 family I have, but with the coin ops and electrical work, I'm figuring about 5k total to get going. Trying to gauge if its worthwhile....
Ian Boyle
First Investment Property
Hello! I was seeing if anyone could give me some advice. I’m moving to Brevard County area in Florida soon and I’m trying to purchase my first investment property, actually first property ever. I’m in the militar...
Matt J.
Comfort dog request
Hello BP, I have a SFR rental in the greater Tacoma Seattle area (not in Seattle proper though). The existing tenant has been in place for about 6 months. When I rented to them they asked about getting a dog and I mad...
Anton Watt
Sellers Do Not Want to Give Due Diligence. What Do I do?
Hello,I am used to buying homes no DD and Flipping them or Wholesaling them when I can. I had a lender who trusted me on all numbers and would lend when I say. That relationship is now off because of personal, non bus...
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Anyone had any success with Lease/Purchase in military city?
I live in Jacksonville, NC which is home to Camp Lejeune. The economy of the city relies heavily upon the military and their dependents. A great deal of military families here rent because they are going to be stati...
Minna Reid
REO's and assignments
Will banks consider offers with the buyer being myself and/or assigns? I recall hearing they dont like that....but at any given time I have at least 3-4 offers standing on REO's and in the incidence they got accepted ...
Aaron Ram
Can an agent represent him/her-self in a short sale transaction?
I understand a shortsale must be an arms length transaction but I do not see why an agent can't represent himself and collect a commission at closing?
I am going through a situation right now with my short-sale clos...
Jon Schwartz
Assignment of leases and rents to the bank? What's this??
Hi all,I'm considering a fourplex in a secondary market, and while researching the property on the county website, I found an assignment of leases and rents to the bank. I'll go into more detail below, but I'm trying ...