Account Closed
How to deal with uncooperative seller during due diligence
Hi all...Thank you for all the help you’ve contributed on this project...This will definitely be a victory for the BP community when all is said and done. Here’s the situation:I got the inspection report back and have...
Muhammad Elzeibagh
What would you recommend for first property? Flip, rental..
Hi, So, I have been searching for properties for a while now. These past few days have been doing lots of research and calculations. I would like to know what would you recommend for a first time property. I am intere...
Todd Mason
Need Help with Counter Offer!
Hey everyone I could really use some help with this one. I have offered on a duplex with the figures below and seem to be up against a stiff necked seller. Rents are low and current market does allow for an increase...
Jordan L.
Foundation Repair - First Step
Two years ago I purchase my biggest mistake. It's a 1950's ranch home that blew my rehab budget out of the water. Lots of lessons learned here.I'm a buy-and-hold landlord, and I'm still ironing out the kinks with th...
Ian Tudor
Things to Consider During Inspections
Tomorrow, I am going to a home inspection for a potential property that I may purchase. This will be my first inspection experience and I have a couple questions about the process. I am buy and hold investor with no b...
Jacob Elbe
Keep the inherited tenants until summer?
Here's the background:I made an offer to purchase a Duplex in Indianapolis for $65k. Seller was asking $75k, but accepted the offer. Advertised rent was $600 per side, average in the area is $620 to $650 for updated...
Jesse Doyle
Purchasing foreclosures - your opinion
I have came across a foreclosure deal with an opening bid of 20k with a recent assessment value of 120k for the property. With that being said I have done some research on the pros and cons of purchasing foreclosures ...
Peter Whitaker
San Diego Newbie
I'm 20 years old enlisted Navy stationed in San Diego for the next 4 1/2 yeRs. I've been reading this site as well as many REI books for the past year and I'm itching to actually get involved in investing. Given my cu...
Mike Lowery
Thoughts on this lease option deal
Hello BP!I am looking to sell my residence in Milwaukee, WI due to a job relocation. The property has been on the market for approximately 4 months with a starting sales price of $129,900. There was a sale one month p...
Jeremy Collins
Renting out properties have questions
I am looking at buying a couple of rental properties. I have questions though. This would be my first one or two properties I have owned, do I manage them on my own or do I have a property management company take car...