Niece Ervin
Ready to start (:
21 December 2024 | 11 replies
I’ve learned a lot from BiggerPockets and am eager to apply that knowledge to build relationships with investors looking for great deals.Right now, I’m focused on finding cash buyers who are interested in discounted properties.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
Did you buy at a discount or somehow force equity?
Destin E. Thomas
Potential Wholesale Deal in Colorado Springs, Colorado!
24 December 2024 | 10 replies
Your value is, to provide sellers that don't want to list, with a way to get cash for their house and provide buyers with discounted off-market properties they can buy to make a profit on.I am not saying it is not possible to wholesale from the MLS, but it seriously defeats the purpose.Focus on becoming the person/company that offers the most and best value and you will succeed.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
As an experiment I invested $30k each in the 10 REITs which had (according to average estimate of NAV) the largest discounts from net asset value as per market price).
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Quote from @Basit Siddiqi: I personally would not buy real estate with a retirement account.There are just too many headaches that are not worth the potential increased return.Some headaches when it comes to investing in real estate with a retirement account1) LTV values are less and harder to find lenders.2) Potential to sell or partially distibute the property if you have to do a RMD(Required Minimum Distribution)3) If you run out of cash and have to make a major repair, you may be out of luck and have to sell.4) Having to potentially worry about UBTI(Unrelated Business Taxable Income)I would personally invest in stocks/bonds/notes with a retirement account.I buy deals with cash and use a ROTH SDIRA so there are no RMD's.I buy at huge discounts to retail.
Deirdre Lizio
Should you pick a property manager based on price or service?
14 January 2025 | 20 replies
If get somebody inexperienced at a discount, you are taking a chance.
Chris Seveney
Getting A Deed In Lieu at closing to store away
27 December 2024 | 20 replies
The lender did everything wrong in this situation and now are paying for it.Now they are trying to sell the loan at a slight discount (oh did I say its a 0% interest loan and they jacked up the UPB of the loan instead of adding interest) - again another rookie mistake.
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
13 January 2025 | 18 replies
I don't know of any top producing agents who are with discount brokers.
Luke H.
Owner Financing Empty Lots
13 January 2025 | 17 replies
They are listed at market value, but I made a discounted offer to purchase a few of them.- I prioritize building strong, professional relationships with my buyers by taking the time to understand their needs and goals.
Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
Sounds like this is at a discount.