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Results (10,000+)
Guy Yoes Buying 5 duplexes: Commercial or residential loan?
5 November 2018 | 4 replies
I have talked to several lenders and am not sure the best route to take for financing.Issue 1.
Bob S. First Time Investor/Potential Landlord
16 November 2018 | 2 replies
I have a decent budget for a down payment for several units and I was thinking of starting with something like the following...Unit type: Condo (only looking at turnkeys; not going to rehab - much)Asking price: $182,000 - would offer $160,000Fair rent price: $1,600/moProperty taxes: $2203/year; $184/moHOA: $223/monthMortgage (P&I): $635/moLandlord insurance (estimated): $20/moOptional considerations:Property management: $160/mo (10% of the rent; I am not going to use property management at first; I will manage it)Vacancy: $160/mo for as long as it is vacantRepairs: $80/mo as neededI obtained the optional numbers above from here:https://www.biggerpockets.com/renewsblog/2013/01/1...This comes down to...Worst case scenario of $138/month given vacancy, property management, and repairs.Best case scenario of $538/month without any of the optional considerations - so hopefully this is the profit I would be looking at almost every month.Thoughts?
Lori Greene The Multiple Choice Offers Strategy: Attract and Close More Deals
11 March 2019 | 17 replies
I always have my lowest offer as the cash offer, my highest offer as the seller financing offer, and my middle offer as the split seller financing offer (small down payment & seller financing the rest).Using all of these options not only gives the seller several options to choose from but it also allows me to make a discounted offer.
Sam Rust CRM System Recommendation?
11 November 2018 | 4 replies
I've heard several folks on various podcasts mention CRM's as a helpful tool, but rarely are names mentioned.
Malcolm Mcdowell Auctions on foreclosures
9 November 2018 | 15 replies
No mention of this in the auction listing.Another had a split foundation--splitting in half by several inches, front to back, repaired with foam. 
Mike Hanneman Seperating a parcel in Idaho...2 homes, 1 lot
10 November 2018 | 3 replies
My father in law has done this several times.
Adrienne Medina Self Directed IRA for Investing
13 November 2018 | 7 replies
@Adrienne Medina,You should establish truly self-directed Solo 401k plan (you qualify as self-employed and it has several major advantages over self-directed IRA).
Josh July FIRE completely Burned down TOWN!!!
28 November 2018 | 16 replies
I know several people and even some people who sell and sold Real Estate up there; they could have and because of statistics, most likely lost everything like everyone around them(not confirmed, so hopefully the statistics are wrong).
Allana Alex Tenant says no to roach spray
12 November 2018 | 12 replies
She told me that her daughter would be out of town for several weeks and i could spray during this time.In the meantime she has the roach bait and I expressed the importance of throwing garbage out nightly. 
Tiffany Milan How did you know you were ready to start?
16 November 2018 | 66 replies
If listened to about 200 podcasts, read tons on BP and read several books too.