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I've heard in other forums from single family investors in Houston get flood insurance regardless of whether the property is within or outside the 500 year flood plane. I received a quote today for flood insurance on ...
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I got a call from a friend of mine today who does rentals in another part of the country in a "nice" town. While inspecting potential deals he walked in on a dead rape victim.
Folks, when you're inspecting propert...
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Hey everyone, we have a tenant who was getting really creepy (like… Really really creepy) so we gave her notice to move at the end of her lease which ends in 2 weeks.
However, she is slightly mentally challenged (pr...
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I know that with residential properties, you need to be there for your tenants or have a property management watch over the place.
Is the same true with commercial? Or can you basically write into the lease agreemen...
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Hello everyone! What a great find this site is!
I'm 6 years new to the west coast, originally an east coast girl (NY, FL, PA, MD). I was a Realtor in FL about 10 years ago but only got involved to start investing. S...
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Good morning BP community!
I have been studying REI for about a year now and am ready to move from analysis paralysis to making my first deal happen in 2013. I attended my second local REIA meeting last night and was...
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Hello all.
I llive in the Dallas area, more specifically McKinney, & have been in search of a investor Club/mentor/educator in the area that isn't a ridiculous drive and is a reasonable price. I have co...
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Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
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Ok so I'm reading a lot about loans and trying to figure them out, a couple things I can't figure out for the life of me, was hoping one of y'all could help me understand!1. Why would a bank loan out money at a 4% int...
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Hello. I am in the US Navy and currently stationed in California. I will be transitioning out of the Navy in 6 months and wish to work as a real estate agent. I know it takes time to start to see cash flow so I have a...