David V.
Insurance coverage on Annual Leases renewing to month-to-month
I recently had a conversation with my Insurance provider (AMICA) for the past 4 years on my umbrella policy. As we chatted she asked me questions about my existing portfolio f 5 rental properties. She asked if they ...
Minna Reid
Gimme your best and final!
Oh why do those words strike the fear of god into me??? LOL..Banks...I hate em with a passion. But with so many reo's you gotta put the offers in and play their game, right?. But man, the way they do business. So inve...
Tom W.
Apprasial on HUD home before bidding?
My first post on BP!I have been a 1-property landlord in Madison, Wisconsin for the past five years, and am now checking out a HUD owned property to owner-occupy for a year before selling or renting out. It is in a d...
Account Closed
How do Short Sales, Foreclosures and REO's Work
Need an explanation on how Short Sales, Foreclosures and REO's are used by banks. What is the best way to buy properties in these situations?
Henry Lazerow
Chicago - Roscoe Village 4 unit BRRR! Deal Diary
I was the Broker representing the buyers side. Happy to walk my Biggerpockets friends through the before and after! 3 units + 3 story coach house (was 2 units we are converting into 1 luxury 4br 2ba). Bought for $730,...
Stephanie Knox
Is a Real Estate Attorney really needed during the buying process
Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...
James L.
Question about ethics with REO listing agent and recent situation
We recently found our first property perfect for a rehab and resale in a close by neighborhood. Fannie Mae owned REO. Palm Beach County, FL.We saw the property the weekend it hit the market and by Monday placed an o...
David Gellner
Real Estate Internship
Hi everyone,
I'm finishing my last quarter of school and will be graduating with a Public Relations major and minor in Business from Central Washington University.
Thanks to Mr.Brown's advice, I am actively searchin...
David Repinski
Failed mortgage on rental property(IRS expenses?)
In May of this year I had a failed attempt at securing financing for a mortgage on a rental property. I ended up paying cash and then refinancing two months later. The question is about the cost of the failed mortgage...
Account Closed
Creative Ideas Needed to Motivate a REIT to Sell me a Property
I have a somewhat unique situation in which I'm stuck. I own a building and operate a business out of it. It shares a common wall with another building that it has been vacant for over 5 years. I'd like to purchase th...