Geoffrey F.
Help. Seller owes what the house is worth. What do I do?
Hey BP fam,Excuse my noviceness but I would love some of you folks that have more legwork to help me decide if this is a deal or a waste of time.Call from a direct mail1800 sq 4/2.5 bd/bth - $120k - $130k - Sold comp...
Mark Blaz
Recourse against a dishonest buyer in an RE transaction
A bit of backstory. Back in November I decided to sell three rental SFH's that I owned and was renting to long term renters. The properties are in distressed areas and after owning them for 15yrs, I made the decisio...
Cristina Cantos
When to open an LLC?
Hello Everyone,I've been listening to BP for a year now and finally ready to house-hack! I'm wondering if I should create an LLC for my first duplex in Massachusetts? The purchase makes sense now because of my fiance'...
Bo Johnson
Fix and Flip Market Analysis
It's about time I get involved on the forums here! I haven't made my first RE investment yet, but I'm determined to not succumb to paralysis by analysis...
I have been reading J Scott's book on fixing and fli...
Dale Couture
How to estimate home values before and after improvements?
Forgive me if this has been answered somewhere before...I am planning on getting into real estate investing in a few years once I finish paying off my student loans. In the meantime, I am trying to learn as much as I ...
Eric Schrader
Comps for multi house property
HI folks,I am looking at a rental property for purchase. The property is a lot with 4 separate houses on the property. Two 2/1 and two 3/1 individual houses. How can you go about determining the comps for the sale/...
Kenisha Coleman
Negotiating Backed Mortgage Payoff
SORRY IF ITS TOO LONG😩Hey Everyone!, I have this house under contract for $1k. Now the sellers agreed on $1k because of the condition, sold backed taxes, their weird foreclosure and headaches. The sellers went thro...
Kate Malchow
Advice Needed - Oahu Real Estate
I need some advice.
I purchased a 3B 1.5B condo in Makakilo, HI (Oahu), in the fall of 2018. I lived in this property until the spring of 2020. I put the house up for rent - COVID hit! It has sat empty for 9 months n...
Esther Rivera
What to do with a Silent Partner
Hello, I currently own a well established restaurant and would like to open a second location. I want to buy the next location so that I could grow my business plus begin to invest in real estate. I currently do not h...
Michael Stole
Are all REOs sold as is?
Hi, BPers, one quick question again. Are all REOs sold as-is? I would like to find some REOs that not sold asis, but don't want to waste my time and energy looking for something doesn't even exist.