Matt Robinson
What is FHA's 90 Day Anti-Flip Rule?
What is FHA's 90 Day Anti-Flip Rule?Question: What is FHA's 90 Day Anti-Flip Rule?For a number of years now, FHA has enforced a 90 day anti-flipping rule which prevents an investor from reselling a home to a buyer usi...
Carlos Silva
Need some advice!! Should I retire?
Need some advise. I have 3 rental properties. Two duplex and a single family. I am a month away from paying off the single family which I will cash flow $1900 a month and it worth about 375,000.
Total cash flow wi...
Judy M Ritsema
Cease and Desist in Michigan
I live in Michigan and am a wholesaler. I just received a cease and desist for doing what is legal. My contracts are assignable, I say it, explain to my customer, don't act like I am the owner, but explain all to bu...
Roy N.
Surprise!! A renovation retrospective of an 1100 ft^2, 2-level flat.
IntroductionThe saga started almost a year ago (September 2014). The relationship with long-term tenants we inherited two years prior had been sliding sideways for some time - their unit was the only one we had not r...
Dylan Douglas
I'm a newbie... Question: Listed as "NED RECORDED"???
I am a newbie but no dummy. Just want to to get it right.When I locate a property of interest just listed as "NED RECORDED:" on a local government foreclosure list, what is my first best move?
Frank Ruopoli
Newbie and question on REO's
Hello my name is Frank. I am as new to this as it gets. This is my very first post. I have a family of four and am a sole provider working full time. Wanting something better I read rich dad,poor dad like over night a...
George P.
dress code when meeting a contractor
i used to use individual tradesman (painters, cabinet guys, windows, tilers, etc) on my previous projects. i use to meet them in my paint stained work clothes thinking that i am showing them i know how to do their ...
Account Closed
Best way to get leads- Craigslist or direct mail?
Hello,
I am wondering what you feel is the best way to get leads. Is it Craigslist, direct mail, open houses, blogging, etc? I am considering launching my first direct mailing campaign and plan to send to renters a b...
Nick B.
Do C class property only attract C class tenants and what to do about it?
Hello BP!I keep reading on BP and elsewhere that renting to high quality tenants is the most important risk control a landlord can have. There were a few BP blog posts on this topic with the main idea that if you want...
George Kopp
Lending with Personal Guarantee
I have an opportunity to invest in a real estate related opportunity, but instead of being backed by any hard assets, such as the property, the borrower has agreed to personally guarantee the loan. I know this individ...