Amit (Alex) B.
NPN--How to find Sellers- North Atlanta
27 April 2014 | 8 replies
What "dollar" are you referring to when talking about the discount or price?
Mark F.
Things you've learned not in RE books or podcast?
1 January 2023 | 9 replies
Instead, the best way to learn about these issues is through experience--personally viewing lots of properties and having discussions with GCs, PMs, and other pros...Here's an example: I once bought a 2 br, 1 ba A property in an A neighborhood at a discount because it was on a moderately busy street that turned off retail buyers (but it wasn't so busy that it would turn off tenants).
Stanley Miller
Tacoma, WA Wholesaler
7 October 2015 | 28 replies
I am a local wholesaler and have found BP to be a tremendous resource for learning and networking!
Garth Collins
Liens in my way wholesale deal
7 June 2014 | 11 replies
And $3K in code compliance liens, which maybe could be discounted?
Tim G.
Short sale strategies
22 September 2015 | 5 replies
Typically speaking and depending on which bank or banks are involved your looking at anywhere from 7% to 18% discounting off what the BPO comes in at.
Lucas Wagner
Wisconsin lease
21 March 2022 | 9 replies
Anyone coming across this old thread should know that the BP folks have a tremendous resource here:https://www.biggerpockets.com/...It even includes a pet lease addendum.
Joshua Carter
Inspection on Property w/ All Utilities Shut Off
6 January 2023 | 4 replies
Moreover, if the seller is resisting having the utilities on, I'd view that as a HUGE red flag (similar to how I'd view it if someone tried to sell me a used car, but wouldn't let me test drive it or even start the engine).Since correct and thorough due diligence is the foundation of successful REI, I'd be extremely hesitant to buy a property without testing the aforementioned items (unless the property was so heavily discounted that I could replace/fix all of those items if they turned out to be faulty...but even then, I'd be wary).I'd suggest strategizing with your agent on the best way to get the utilities turned on so you can do a correct inspection...Good luck out there!
Fili Aguirre
Selling for sale by owner in 2022?
23 November 2022 | 7 replies
I doubt it will work as well now, unless you buy at a very deep discount.
Matthew Elkin
Can an FHA loan buy cash flow?
6 January 2023 | 8 replies
I am currently house hacking and it's a tremendous wealth builder.
Katlynn Teague
What is your biggest draw back from working with wholesalers?
4 January 2023 | 11 replies
Many wholesalers have seen their deals fall through because buyers were unwilling to pay the full retail price for a property that was previously discounted.