Michael Baybut
Bank REO purchase strategy
Hi,
This is a bit of a follow up from my previous post. I'm very interested in a REO property that's about to come on the market soon. I tried to buy it as a SS but it ended up at foreclosure. The bank had accepted my...
Jeff Bisgier
I'm panicking! Just bought my first property.
Hi folks. I joined BP awhile back when my wife and I decided that we really wanted to get involved in real estate investing, namely flipping. I've tried to educate myself and have looked at a bunch of properties but n...
Steven Gesis
Tenant moved out and so did the mechanical equipment... more....
Recent tenant eviction, although they are rare in my world, they do occur once in a while, this one was like no other one before, tenants of (3) years, stopped paying the rent, we had to evict the tenant, the tenant m...
Joe A.
I bought a foreclosure! Or did I?
Hey BP!I’ve got an issue with a foreclosure I just bought today. I won the auction and paid for the property there. Then I drive by the house and there’s an investor company (something like “we buy run down house”) si...
Mohsin Mazhar
Thinking of Quiting
Hi everyone,Looking for some advise.I am thinking of selling my 2 rental properties and quit real estate investing (at least in current format). Due to stress of ownership.I have 2 properties managed by a property man...
Keith Jourdan
my tenant wants to pay now that she received her 24 hour notice
Served the 7 day, no response. Tenant Failed to show up to court, default judgement was entered. Had to wait another 10 days, then court put 24 hour eviction notice on door. She has 24 hours before sheriff arranges "s...
Brooke Juedes
Buying a property with existing tenants
Hi All, I am closing on our deal this December 30th, for a 4-plex. It is currently fully rented, which is great!HOWEVER, as it sits, the landlord currently pays all utilities, (which will be changed immediately into t...
Kevin Enderle
A Nightmare on Drywall Street. A Tale of Woe and Stress.
So, bought a 3br/2bath home in the smoking hot Bellingham WA market. Heavily mold and water damaged, just the way I like them. The deal was too good to pass up. The numbers are awesome. Abandoned by overseas rich pare...
Ken Parker
Almost ready to rent my first income property..
I probably should have joined this forum a year ago, before I started looking to invest in an income property.
I bought a month ago and I'm now close to having the property ready to rent.
I'd like to submit the par...
Account Closed
my flipping reality
I ordered a book lately on RE investing from Amazon, and the guru started out with the typical hype, selling the sizzle and not the steak. You know, the whole, imagine yourself living the dream, not having to work,...