Nikhil Garg
Replacing functioning but old HVAC/heater at closing
I'm in the process of closing my first rental property. Both water heater and heat pump are around 18 years old though are functioning normally right now. It appears that they are going to break down in next couple ye...
Jessica Rhodes
Advice on investing in Oviedo Fl
Hi!My name is Jessica I’m from Tampa, have a duplex in Seminole Heights that I’m currently house hacking. Thinking of buying in Orlando next. Anyone know anything about Oviedo? It’s close to UCF so thinking student ho...
Ken Holifield
Why would I NOT want seller financing?
The up front question is, why would I not want seller financing if I can get it? I'm currently looking to grow my portfolio of single fam and small multi fam rentals and have been offered something similar to this se...
Kyle Tipton
Advice on which would make the best investment (in Maryland)
I recently purchased a SFH in Maryland about 30 mins outside DC. Shortly after moving in, I realized my crawl space/ unfinished basement had some issue with foundation and floor support. The area of interest is under ...
John H.
Foreclosure deed issues on REO?
1 yr ago. A husband and wife's house was foreclosed on.
1 yr ago. Husband signed foreclosure deed.
Last week I signed a P&S on the REO, will close in < 21 days.
Today I saw a quit claim deed from last week whe...
Mary R.
30 year old furnace
The gas furnace in a house I'm buying is 30 years old. From what i've been told by neighbors, and from what I see of the building--haven't had it inspected yet--the owner had it 26 of those years and took good care o...
Brian Gibbons
Succeeding in Cleveland Ohio with this Plan
We are implementing 2 plans at once in Cleveland area:
Lease Purchase Assignments
Purchase REOs and Preforeclosures with Private Loans - then selling on terms with land contracts or lease options.
Matt will fill yo...
Mark Beekman
Initial Contact on Unlisted Fixers
I have my eye on several ugly, dirty, beaten-down houses (some vacant) that are not officially for sale, but I seem to be stuck as to what my initial contact with the owners should be.
On past houses, I've mailed the...
Stephen Lassiter
Keeping a copy of photo ID
I am renting out an apartment in my backyard. My applicant's co-signer is questioning my need to keep a copy of their photo ID. Everything I read on Bigger Pockets says I should get a copy of the applicant's photo ID....
Angelo Webb
Raising Money to lend
Is it legal to raise money then turn around and lend it? For instance If I know a investor who is looking for funds, backed by income producing property. Terms: 15%, 18 months, with balloon payment after 18 months. Co...