David Janosik
Turnkey Property with a low appraisal
This is my first experience with a turnkey property / company. We had a purchase price listed at $94,950, but now that we are in the final stretch the appraisal came back at only $85K. My gut tells me not to proceed. ...
Max Sherman
BRRRR deal gone sideways
Hi folks,
I'm looking for some advice on what to do here, maybe someone has been in a similar situation?I'm an out of state investor trying to BRRRR in Lexington Kentucky. I bought a pretty distressed SFH for $90,00...
Yash Chitneni
Newbie from Dallas, TX
Hello BP members!I am a recent Software Engineering graduate of Texas A&M University and have re-located to Dallas around the Bishop Arts District. I now work as a Software Developer for Fidelity Investments in We...
Alex Miles
Renting first commercial property - is this normal?
I'm looking for a commercial space in the North Atlanta suburbs to start a doggy day care. There are a couple of places I've been interested in, so I got in touch with a lawyer who said "don't sign anything then send ...
Rich Simpson
How to get out from underwater ethically?
I'm new here...Our house is underwater by more than $200k. There's no sign of it being anywhere near what we owe on it, let alone 20% over in order to refinance in 3 years. Yes, this was a 100% financed, 7 year lock...
Aaron Signer
Fired GC having Subs call me for $
I released my general contractor a few weeks ago for failing to stick to his timeline and today I have been contacted by two of his sub contractors asking me for payment. I told them that they needed to speak with him...
Sean Kremer
Just returned from aFlorida , couple of questions for the experts
Just got back from investigating the Tampa area, mainly Clearwater beach area, and the fort Meyers beach area.....I fell in love with the fort meyers beach area and am looking to maybe buy in that area. But won't r...
Bryant Cheely
College Roommate Switch Out
Hello All, I was hoping to find some advice from landlords who may have faced similar problems. We manage many units, mostly in the LSU area of Baton Rouge, and they are all individually owned. As such, we only accept...
Account Closed
Reasons deals are too good to be true?
I've been practicing analyzing deals found on Loopnet, and curious why certain properties are listed for months and some close to a year. Especially when the numbers APPEAR to work? The areas of interest are very popu...
Daria B.
turning rental - should these be included to recoup from tenant?
I'm turning my rental, tenants gone, inspection already completed with what needs to be repaired from tenant misuse. But some things are questionable - so the question is, light bulbs and toilet seats......The house w...