Danny N.
New To Owner Financing/Lease To Own, Help Me Offload 4 Properties
Hello all, I have 4 rental properties now worth $65,000 each and they're all 2/2 or 3/2 townhomes and are leasing really well actually at $850-950 total. They're a great source of income, but im a little tired of deal...
Ben Skove
Missing lockbox keys...
For the second time in a short period of time, the key for a property I was interested in was missing from the lockbox. It happened to be for a particularly good deal, and my realtor said it wasn't unknown for real es...
Jennifer Talcott
Bid strategies?
Hi. New here.We've put two offers in. We were outbid on the first one and I expect to be outbid on the second one too.The problem is, Tampa's a hot market, and these REO's are being snapped up by either occupant-own...
Nastassja S.
Would it be rude, naive, or too hopeful to ask for a mentor on BP?
I believe birddogging is my only option given my situation (I have a large school debt and no job I can get will be adequate enough to pay my debt, survive, AND save for investment). I've quit my $10/hr night job to b...
Peter Callahan
A question for any agents out there
A quick question for working agents. I am currently a remodeling contractor in California. I am thinking about starting a handyman division of my company to handle smaller projects. As an agent, would a honest, reliab...
Ashley Wolfe
Are we asking too much of the seller?
Hello folks,We are in the midst of closing on our first buy-and-hold deal. In another thread, some of you kindly analyzed the numbers and we're going to get about a 10%-12% cap rate. Official loan documents are being...
Frank Adams
OK, I need some fresh ideas!!
On a property I sold 10 years ago my buyer (and this is a buyer, not a L/O or subject to) has a "great job opportunity) a couple of hundred miles away and is trying to sell. I agreed that I would re-write his loan wit...
Josh Bloemendaal
Is 6% realtor fee too high?
Hey guys I’m selling a studio co-op apt in West New York NJ. The realtor that lives in the building wants to list it for me and says it’s worth around 185 but wants 6%. This commission seems crazy high to me but I’ve ...
Adrian Jones
When To Verify Permits for Previous Work Done to a Prop?
I'm evaluating a residential property for purchase/renovation and resale. I noticed that the carport has now been enclosed and converted into a bedroom. I asked the current owners if a permit has been pulled for this ...
Wendell De Guzman
Downsides of Rent to Own And Why I Still Like It
Two days ago, I posted this on BP (raised some eyebrows as some skeptics didn't quite agree):How to Make $50K on $150K Houses Without Stealing ThemIn that post, I detailed why RENT TO OWN is, in my opinion, in my mark...