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13 November 2024 | 2 replies
-If you're an investor how do you prefer to be approached by a new wholesaler?
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17 November 2024 | 13 replies
We negotiated the price down a bit from $350k to $340k and the construction company is committed to pay 2% of seller's paid costs as incentives if I use their preferred lender.
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14 November 2024 | 5 replies
I do have experience with significant home renovation but for a personal residence, based on my experience with this I would prefer to buy a property built after 1970 if possible but not sure if that's realistic, the only deals I could seem to find from the MLS are very old houses which I know often brings more challenges with the renovation.Would appreciate any references or suggestions anyone has, so far I've only invested in rental properties that were already in good condition bought with a loan.
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12 November 2024 | 5 replies
Josh here, an aspiring real estate investor who just found BP a couple weeks ago and am trying to learn the ropes.I find myself where I assume most people start: trying to decide on a niche and a market to support it.
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15 November 2024 | 32 replies
The truth is, if you can execute, BRRRR can work in all of those cities so it's a matter of preference - whether you prioritize cash flow or appreciation, price range, if you know anyone, school zones, etc.
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15 November 2024 | 10 replies
I prefer a single basin from a maintenance perspective and typically always use this in rentals.
13 November 2024 | 2 replies
I’d prefer to avoid double-paying for insurance if possible.Additional Note: This property will be used as a short-term rental, which adds to the complexity.Any advice on how to structure the insurance to cover all bases without redundant costs would be greatly appreciated!
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13 November 2024 | 4 replies
That said, I prefer to use a HELOC for short term investments like fix & flips because I only pay for what I use and I can continually keep recycling the money.
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11 November 2024 | 4 replies
I'd like to connect with someone who knows the local market as this is where I would prefer the property to be at since it is close to me.
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14 November 2024 | 10 replies
This seems more of a preference item on reporting, but I wanted to get more insight on how these transactions are structured.