Joseph Meenan
mortgage loans prior to settlement on investment properties
I am a new investor, I flipped 2 properties with my own money over the last year and a half. My 3rd purchase was my first buy and hold in October 2013, which I just rented out 4/1/14. The property is free and clear of...
Daniel Ryu
Hybrid flipping idea - You do the flip / you and owner split profit
Hi BP..Just wanted to see what people thought of this idea:Problem - Out of state investor OR someone who has a different primary resident wants to sell home but has deferred maintenance to the tune of 30 or 40K. OWNE...
Christopher Madden
Is this duplex in Scranton Pa too good to be true?
I found a duplex in Scranton PA its 1930's 6 beds/2bath per side in a decent neighborhood close to schools hospitals ect and it listed for $139,000 I can get him to around $120,000. According to my calculations for...
Joseph DiBernardo
Sourcing Deals & the 2% rule
Hello - I am a newcomer to this page and am looking to buy my first real estate investment. I have two questions:1-Where is the best place to source deals on my own? I can't help but think Zillow is not the best place...
Timothy Casallas
New to Philly Investing. Ready to Go
Good afternoon BP,I know its tough right now to really do meetups but I am looking to network, whether its virtually or in person. I am new to Philly but I've done a ton of research and I am ready to start BRRRR on Si...
Fralan Gatte
Tenants who are always finding problems.
I’d like to start out by saying that I understand problems arise and they are legitimate. I self manage 11 properties and I’m a fairly new landlord. I’m curious if I could get any advise on how to handle tenants who a...
Scott Trench
Quitting Your Job is the WORST Decision for Newbies? Right?
I've been seeing a lot of folks around BP that seem to be here with the express purpose of quitting their jobs to invest in real estate. The problem that I see, however, is that many of them seem to think that they ca...
Glenn McCrorey
What do Flippers do with the profits?
When I watch TV shows about flipping houses and the big profits they make, I wonder if they are paying taxes as the go, or using 1031 exchanges on every one. My wife is a realtor and about half of what she makes goes...
Rob Brautigam
Seller has not moved belongings...What would you do? Pics inside!
So I'm about to close on a 3-unit investment property tomorrow morning and I go check the place out tonight with my realtor for a final walk-through.Good thing we did that.The seller has basically emptied the basement...
Mike A.
Moving into better areas. Tired of the lower income hassles.
Ever since I finally sold our four complexes in a C/D area of New Haven County, I've been refocusing my efforts into better areas. I know the rents will not be be as strong, but I am hoping for better tenants and less...