Steven DeHart
Newbie from Southwest Louisiana
5 December 2024 | 24 replies
You can PM me or send me an email which you can find on my profile because BP won't let me post it here in the body of a message.
Scott Trench
New Policy Idea: BiggerPockets to Send Wholesalers a $125 Bill For Every Solicitation
8 December 2024 | 14 replies
I say we skip the fines and just burn them at the stake, then leave the bodies on pikes as warnings for those to come 🤣🤣🤣
Melissa Odom
DCSR, LLC, and Trusts
3 December 2024 | 15 replies
The DSCR scenario you mentioned doesn't seem too far off depending on the full scenario.
Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
If you catch these at the pre-foreclosure stage as slow pays or initially in default all the better as the bank has less in collection expense.You can still work out a discount but even buying at the payoff it can be profitable depending on the property value.You can practically force a lender to sell as it can fully indemnify them as a full payoff as demanded, continuing with a foreclosure becomes a rather vengeful act by the bank to punish a borrower, they don't want to go there.
Phillip Austin
TREND - PM companies offering financial assistance for security deposit down payments
24 December 2024 | 7 replies
If the tenant misses a payment the full amount becomes due.
Max Bellino
Online Cost Seg studies Vs Site Visits
24 December 2024 | 3 replies
Quote from @Max Bellino: I’m looking for guidance on whether it’s worth opting for a rapid report for a cost segregation study, which is less expensive than a full site visit.
Mickey Petersen
Socal Multifamily Flip
23 December 2024 | 9 replies
Purchase price: $840,000 Cash invested: $75,000 Sale price: $1,200,000 Full renovation of all 4 units.
Renee R.
Property Management vs Self Managing in San Diego
24 December 2024 | 8 replies
.: It sounds like you have a great system down, and I am sure that you can find some handymen that are in the area doing part-time work and then working at a day job that could be pushed into full-time work on your properties.
Hermes Kanaris
Wanna be a surgeon? Dissect this deal with me.
24 December 2024 | 12 replies
I'm looking around to find some investors to take it from me and just feel a little lost with dispo, i want to make my deals super sweet sugar coated cherry on top for all my investors on my list so what i ask is if you can rip apart this deal for me and make sure i have enough meat on the bone for my investors, below are the statsFirst off address, 1011 Richard Bell Ave Perry FLPurchase price $110,000Seller says the bank is willing to let go of mortgage for $91,000ARV $180,000-$200,000Needs new roof (20 years old) and central ac system went down about a year ago (around 4k for 3 ton ac)Ive been in roofing for about 2 years and im estimating the roof will cost between 18k-20kI take constructive and negative criticism very well and i only want to improve, no opinions are unwelcome i want full scrutiny with this deal please.
Christine Song
Storage passive investment
18 December 2024 | 4 replies
Instead it looks like a sales pitch that is targeted to unsophisticated investors who are new to the space.If that's actually the situation here than these deals generally have multiple things I can't stomach and is an immediate red flag for me.2) AAA Storage growth: At one point I was interested in this sponsor because of the claimed full real estate cycle track record with little to no money lost.