I had my rental property painted. The contractor asked the neighbor to move his car before he started work. The neighbor who is renting the house next door did move it across the street and two houses down from the pr...
I have a new client with a non-owner occ home. It is upside down 50% and negative 50% per month. He's thinking of short selling it but I have been told over and over again that banks do not negotiate short sales on no...
It seems that rents will likely increase substantially if interest rates increase. That means that less folks will be able to buy houses and will become renters putting more demand on rental properties. Thoughts? In A...
So I just listened to the BP webinar and am trying to figure this out. I live in Hollywood, FL and pay $1400 in rent. There are quite a few properties in the area for under $100k so the mortgage payment would be consi...
I did a search but really didn't find anything that I could relate to my situation so here are the details. I'm working with an experienced investor who has taken me under his wing and after building a relationship we...
Im looking at a 17 unit with almost all empty units. I assume bank financing is not possible without a decent trailing 12 months? I havent talked to a bank yet.
Hi everyone,
How you would start the discussion of seller finance for a property found on MLS when you are making an offer (I know, I know...using MLS not the best way to do this). Most things I’ve read have said tha...
A question for the BP Community.
I listed an income property for sale. 3 days later received full price offer, with loan commitment letter. Completed inspections, appraisal, minor repairs, expedited vacating tena...
Hello BP community! I've learned so much from this site and appreciate all the camaraderie among members to help and support one another on this real estate investing journey. So here's my situation: I bought my first...
Need help in defining what are the emotions the various types of motivated sellers are feeling and going through.
If we can understand what they are we will talk their language in every we create and can create bette...