Hi, everyone.
My uncle is an out-of-state (Nigeria, West Africa)  investor in Toledo Ohio. He bought a 4bedroom, 2 bath single-family unit in 2016  with his retirement life savings. He contracted property a managemen...

I am selling my investment SFR and executing my first 1031 exchange.  I have been approached by other investors offering to take over my low rate mortgage and pay out my equity in cash in exchange for a deed in lieu. ...

So I was wondering what sort of reserves everyone keeps on there properties. I know most people are saving a percentage of the rent for vacancies and cap ex. When you do get a property bought and rented are you keepin...

This quarter we are out in the market reviewing tapes, making offers, and generally working to add some additional NPNs to the portfolio.  I recently submitted a bid on a FL note with an original balance of 49K which ...

I recently purchased my first investment property in Florida and about three days after taking ownership sewage started bubbling up through the bathtub.  After we brought a plumber out to take a look, they confirmed t...

Hello BP community, Need some advice on a property I have under contract. I discovered during the due diligence that here are 2 breaks in the sewer line. The cost is $7,500 to fix. However, the seller claims there is ...

Hi BPers,I have a potential tenant, no SSN (but has ITIN), credit score 653.I was told that without SSN, NTN background check will not return any useful information, is this true?He showed me the most recent 3 months'...

I’m thinking about trying my luck in the Houston area. I have $325k in equity and $115k in capital. I looking to obtain cash flow properties possibly with quads/multi family, single family, and town homes. My $325k eq...

Over 60 days ago we placed a low bid on a house being sold as a short sale. The buyer immediately accepted. Now we just needed the bank to approve and the house was ours. Since this is a loss to the bank, they are tak...

Investment Info:

Other buy & hold investment.

Purchase price: $60,000

Cash invested: $60,000

This is a crazy story and even though it's the best thing that could have happened to us, I don't like...