Tyler Wittwer
What do you do when you feel your home market is to expensive?
3 April 2018 | 23 replies
this is a common theme of course on BP its pretty much every day.and you pretty much have all those that live in a market target a market .I like @James Wise cut and paste responses he does .. he nails it well and its worth cut and pasting every time someone ask the same question that has been asked 1000 times.I like to Add James that when going out of market.. also if you simply buy at the median price points of any given MSA your buying in an area were you have a lot of homeowners buying generally... so you get a mix of cash flow and appreciation and or more important you have a defined exit IE you can sell to a homeowner as opposed to buy at the bottom of the price point and the only out is to an investor..And Frankly your company is kind of a unicorn in the US.. there are not many companies like yours that specialize in reselling these assets for individual owner/investors.
Michael S.
HELOC Count Against 10 Loan Limit?
3 April 2018 | 5 replies
@Edward B. nailed it on the overlays.My employer won't finance more than 6 investments properties.
Eric Panecki
Picking a good virtual assistant
15 May 2018 | 3 replies
Hi Evereyone,I am looking to hire a full time Virtual Assistant (VA) to take inbound phone calls, gather information and generate leads.I have done some research, and I have found a variety of different companies locations and options to choose from.For example some tell me Polish VA's are the best while a good friend of mine swears by VAs out of the Philippines.
Devon Martin
Do you use a contractor for rehabs? Why or why not?
15 April 2018 | 25 replies
Yes, working on those things easily nets $100k, without hammering a nail.
Suzan Hailey
Hello from Kansas/Missouri
4 April 2018 | 5 replies
We can do a little more research to nail the ARV down a little better' but I think we will come in around 75%.
James Myers
A sandwich lease where home has no mortgage.
11 April 2018 | 6 replies
But you are still going to be stuck with the need to replace HVAC, and water heater and polish up the interior.
Ashish Acharya
Closing on the house without keys from Seller
8 April 2018 | 6 replies
I’d fight tooth and nail also.
William Porter
New Real Estate Investor in the 413
16 April 2018 | 2 replies
We are focused on long term investing and after a few polished up deals will be looking to employ BRRR. 5 year goal is 50 units and $50k cash flow.
Kristin Kiddy
Need Advice Window Treatments in Rental House
23 February 2018 | 2 replies
Haven't "had" to do it, but it anything that attracts a renter is a good thing.Installing the blinds helps to prevent the tenant from having to hammer in little nails and hanging sheets over the windows, which I guess is okay but looks totally ghetto.
Brian Bandas
What my business is missing: Marketing for motivated sellers
28 February 2018 | 14 replies
So for me, I'm less concerned about an "avatar" for my flips, and more concerned about NAILING my ARV and rehab costs.I live in Franklin so I don't go too far north or east usually, (even though there is $$ to be made out in Murfreesboro!).