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24 April 2019 | 7 replies
My current Realtor was found via someone I met on BP.As for gatherings, Google "REIA Northwest Indiana" or something related to that area and you should find a local Real Estate association.
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19 April 2019 | 8 replies
(Separately, I could argue that for a relatively low dollar flip, you don’t need builders risk.)
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17 April 2019 | 4 replies
So I've been trying to come up with a few strategies to scale my real estate wholesaling business with little time, and was wondering if anyone could chime in to my situation.Last year was my first year full time wholesaling and did relatively well...
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17 April 2019 | 8 replies
I have my inspection tomorrow and met with the broker today and he said they were just sent a letter from a lawyer saying the seller going to be sued relating to a separate business he’s involved in.
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22 April 2019 | 7 replies
It makes sense to me that opening a separate bank account would help me distinguish business related receipts from personal expenses.
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18 April 2019 | 4 replies
Hi All-I am starting a direct mail campaign targeting 2-4 unit propertiesMy Criteria for my list: 50%+ equityAbsentee Owner (in state + out of state)investor activity in area (determined by cash sales over the past year)10 year population growth in the targeted zip codegenerally affordable median home price in targeted zip codeStrategy:Handwriting letters in blue ink (roughly 280 letters)colorful envelopes to draw attention with standard postage stampsGoing to make the letters brief, but show some level of context related to the specific propertyMail every 2 months, for 5-6 roundsAny Advice?
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17 April 2019 | 3 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.
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20 April 2019 | 96 replies
You're being outbid by either 1) other investors who are more focused on appreciation than cash flow or 2) retail buyers who are using way more emotion than fiscal analysis.Two things to consider:Look in other areas where there's a better relation between rents and price.Consider 5+ properties where the value is driven by income.
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24 April 2019 | 10 replies
As everyone else has mentioned, its definitely possible to do a 3.5% down FHA loan on a duplex, but it may be difficult to find a good, cash-flowing deal in Northern VA with the prices being relatively high.
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17 April 2019 | 4 replies
The defendants — Woodbridge, 281 related companies and Shapiro — did not admit or deny the allegations.Woodbridge, according to the SEC, told investors it would use their money to make so-called hard money loans — a type of expensive, short-term loan that’s secured by property and is often used by house flippers and other property developers.