Scott Trench
New Policy Idea: BiggerPockets to Send Wholesalers a $125 Bill For Every Solicitation
8 December 2024 | 14 replies
I recently cooled off a member that has around 20 moderator notes on his account, all for the same violation, but they were spread out enough that other moderators decided to let him keep going.What if you created a simple three-strikes rule?
Elliot Tan
Can you assume a VA loan with an entity?
13 December 2024 | 2 replies
So far striking out on doing internet searches and looking on VA website.
Laura Morlock
Very Cool Property - What To Do With It?!
7 December 2024 | 7 replies
Quote from @Laura Morlock: I have an opportunity to purchase a very beautiful and unique property - striking century manor house directly on the river, 1.5 acres, huge detached garage/workshop, in a quaint little town 15 mins to two major cities and a little under an hour west of Toronto.I know the property inside and out, it's turnkey, and I would love to own it, but I don't know what to do with it.
Shawn Nofziger
Foreclosure auctions? Good or bad?
7 December 2024 | 5 replies
When we did it, we did score some great deals, but what we found was that we were visiting so many properties to understand our "strike price" (the maximimum we would pay for the property when taking into account rehab costs, hold times, interest on any debt, closing costs, real estate commissions, a contingency reserve for "unexpecteds", etc) that the math started to not make as much sense.
Joel Arndt
Master Lease Agreements in Ontario
10 December 2024 | 5 replies
That's not a bad idea - just strike a business contract.
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
20 December 2024 | 20 replies
I have been extremely impressed with his teachings have found myself measuring other training courses and products against him.So far the only strike that I have against him is that I don't agree on his politics.
Allison Park
Expectations of Investor Buyer's Agent
20 December 2024 | 9 replies
You're going to buy some lists, like a preforeclosure list and mail and call and mail and call and mail and call until you get them to meet with you and then you strike the deal.
Ashley Mierez
What are investors looking for from wholesalers?
11 December 2024 | 6 replies
They also appreciate honesty and transparency so they can make decisions fast without any surprises.Some of the top skills that you can focus on are:Comping: Knowing your comps inside out is a must.Negotiation: Being able to connect with sellers and strike a good deal is huge.Networking: Relationships with buyers, agents, and other wholesalers are invaluable.Also, Get to know your local market being able to talk the talk in your area will help a lot.
Frank Alfano
New to BiggerPockets: Seeking Tips on Private Lending - Finding Multifamily Property
22 December 2024 | 12 replies
I want to strike the right balance between transparency and professionalism.Appreciate the guidance—thanks again!
Ugo O.
Calculating ARV and the 70% rule
12 December 2024 | 7 replies
We back into the "strike price", meaning the maximum price we're willing to pay for a property, by starting with a conservative ARV and then backing off our required profit, the rehab cost, the time value of money (carrying costs and interest), and a contingency reserve for unexpected expenses.