Peter Lee
Analysis Advice
So, about 2 years ago, I did a short sale on my house to an investor who allowed me to rent back the place for $1200 a month, which is really cheap for the house I'm in. It should rent for about $1500 - $1700.
My pl...
Herm M.
"You can only flip a property for 20% profit."
What does this apply to? Obviously flipping properties.
But what does it mean?
So if I buy a property for 500k and put no work into it... I can only sell it for 600k? According to which lender's guidelines? Which l...
Michael Belz
Airbnb Management & Staging Fees - Is This Standard?
We have a house on 3 acres near a neighborhood, and we're considering listing it on Airbnb. After some research, we connected with a local Airbnb manager who took a look at the property and was very complimentary. He ...
Joey Webb
Private/hard money lending for hold strategy
Please forgive me as I am new to the concept of private/hard money lending. My wife and I are new to real estate investing but we have discussed our long term and important goals to us and decided last year on a long ...
Kendall Short
Future Saint Joseph, MO & KCMO investor
Hi BP, my name is Kendall Short and I am looking to dive into the Multifamily rental game in the near future. I attend school in STJoe, MO, and I am originally from Kansas City, KS. I will graduate in December and I'v...
Troy Williams
100K - Anywhere in the US, Where Would You Start?
Assuming you have no other major obligations or constraints (i.e. family, job, finances) guiding you and could pick any place in the USA to move and build/start a real estate portfolio, which city would you start?You ...
N/A N/A
What To Do When Owner Dies And In Foreclosure?
Any suggestions on what to do when the owner dies, with no will? House is in owner's name and not in probate yet. The husband can't afford a probate attorney. Is there a way for him to get the deed or the ability to c...
Demetrus Gibson
Proof of funds
Hey, My question concerining the proof of fundsi in a short sale transaction. Will the lender be requiring to see proof of funds to make the note current or proof of funds to purchase the entire loan? How can the end...
Augustus Bukowski
N 90th - Apartment Development
Investment Info:Large multi-family (5+ units) buy & hold investment.
Purchase price: $145,800 Cash invested: $25,000 Sale price: $2,500,000Buy, Build, Rent, Refinance, Repeat!What made you interested in...
Kate M.
Desperately need advice on a deal which is on life support/dead.
This is for a short sale which I have under contract. The terms state I would have the financing within two weeks which will run out end of next week. I am in the middle of the process of taking out equity in a ren...