Drafted an offer on a REO apartment complex in Texas (Houston Area). Only problem is the bank has only owned the property for about 2 months and has a PM running it. Currently it has 3 vacancies, with one lease si...
I am working with my property manager to buy my second rental property. This is a new home. I think it compares favorably with existing homes with rental rates without the potential repairs.
I have attached a fille...
I am going to ask people to find me houses that I can wholesale. I will reward them 250~500 AFTER closing but how do I assure them that I am not scamming them? What can I do to them to make them trust me that I'll giv...
Hello BP,
This web site has been a great source of experience and education, which has broaden my perspective and abilities in Real-estate investing. The biggest tools I have take away from BP have been creativi...
I am new to the real estate game and am not really sure if I am making the correct decision or not. I am attempting to buy a duplex for $30,000. I personally know the owner of the duplex (friend of my grandfather...
I have a rental townhouse assessed at $114,000. Bank loan at $121,000. I'm $200 out of pocket each month to meet the mortgage and it needs a new roof. Wells Fargo owns the loan, but Bank of America services the...
Good evening, I am in the very beginning of my courses towards getting my sales agent license and was wondering if anyone knew whether or not a license holder would need to be with a Broker before being able to acc...
Backstory: Have a SFR in my wife’s name which we recently refinanced and currently being rented. Trying to start a LLC but lawyer highly recommended I get consent from the mortgage lender about transferring deed to...
I have been reading bigger pockets and copying good articles, forms and tips into word documents. I have been listening to bigger pockets podcast and writing down important things. I have this stored on my compute...
Hello all,
This post is in relation to a blog post I read by Dave Van Horn:
http://www.biggerpockets.com/renewsblog/2013/05/01/equity-rich-cash-poor/
I have been thinking a lot about this post as ...