Doug Ferguson
Is a sharp eye for detail a blessing or a curse when flipping?
Hey Guys,I went to an open house at a recently finished flip today and left a little perplexed. This was by a company that has about 12 houses on the market in the state. Just by their scale I would have to say they...
Susan Tan
Do I need an inspection report if Im buying a fixer upper from a wholesaler?
The water & electricity are both turned off on this fixer upper property that I have under contract with the wholesaler. Do you recommend that I get an inspection report? I plan to hire a GC to manage all the diff...
Charlie Gonzalez
Inspection period without a contractor
Hi BP,I am in North Carolina getting ready to start doing my first BRRRR. I am in the process of looking for my first property.I was curious as to the inspection period. What if I do not have any contractors to walk t...
Kathy Reyes
Question about DSCR loans
I just found out about DSCR loans. I am a new investor and would like any advice on where to go to apply for one. I am looking to invest in properties in Illinois. I would appreciate any advice or opinions on this to...
Ellie Narie
One roommate wants to move out. Both roommates are joint tenants.
I'm renting out a 2 bedroom apartment to two people. They're on the agreement as joint tenants. They had a disagreement, and now one person wants to move out, and wants half of the security deposit back ("their" porti...
Sima Meh
Should I buy a property with mice problem and likely mold in the basement?
I have a ratified contract for a property. Among other things, the inspection showed signs of pest (mice) inside the attic space. (Tunnel holes in insulation and droppings). Also, the insulation in attic was noted as ...
Jared Baker
Seeing Property Before placing an offer?
Hello BP.I have recently began my journey into buying my first property. I have my financing in order and now it is time to start running numbers and making offers. I've heard people say that you shouldn't get emoti...
Sean Salandy
Owner Financing a MLS Listed Property & Realtor Commissions
If I wanted to structure a deal to buy a MLS listed property and it is an owner financed deal, how would the realtor make their commission? Would it come from the down payment that I negotiate with the seller/seller's...
Marc Oister
Funding a foreclosure
I have recently found a foreclosure property and am in the process of getting Proof of funds and my down money together. I have been trying to figure out a way to fund the project without running into any tax proble...
Chris T.
Educating Sellers
Recently, when I've talked to sellers about buying their home I informed them of the variables I use to come up with an offer.
I tell them about the current market conditions in the area and how that relates to holdi...