Irina Shetty
Rehab Cost Estimate- too high?
28 October 2018 | 17 replies
it doesn't seem bad, but it does seem inconsistent.11K for a tiny roof, seems very high800 for a tree, way too low!
Sam Leon
How to "negotiate" a verbal offer?
19 October 2018 | 3 replies
-Ask him why he's selling (this will likely bring up a pain point for the seller, which is good for a sale: bad property management, bad tenant experience, doesn't have time, no longer lives in the area so he/she can't properly run the property, etc.)
David Decker
Wholesale purchases options for the seller
19 October 2018 | 0 replies
I remember hearing 3 types but I dont recallAll I can think about is giving them a 1000$ up front to motivate them, this may be a bad idea but if can I get a few options from some other folks that would help alot.
Michael Guzik
Why out of state investors fail?
30 October 2018 | 5 replies
It is not a waste of money, it WILL SAVE YOU THOUSANDS by helping you to avoid a bad deal!
Rick Browning
Smoking security deposit
26 October 2018 | 11 replies
We never met a smoker who didn't try to sneak a smoke inside once the weather turned bad.
Hilda Conrad
Need help negotiating purchase of currently rented home
21 October 2018 | 3 replies
If you really want the home, don't bad mouth it then ask to buy it, praise it, talk about how much you like it!
Steve A.
How would you sell this land in Seattle area?
21 October 2018 | 9 replies
We’ve had bad luck with realtors. we live out of state and want to sell it, but have no experience selling.
Xinhuang Huang
Rental House Water Bill, Philadelphia PA
20 October 2018 | 4 replies
Maybe that is a bad idea.
AJ Brown
Master on main rental - bad idea?
19 October 2018 | 2 replies
Hey BPers,Got an offer accepted on a townhouse for a good price but it is a master on main (two bedroom, two bath). Now I'm beginning to think that I've never seen a master on main for rent in Atlanta. Does anyone hav...
Anthony Palmiotto
Raising Capital For Value-Add Multifamily
25 October 2018 | 30 replies
This is pretty typical in value-add deals...not the strongest cash flow (sometimes none at all) in the first year and it ramps up from there.Funding capX out of cash flow is just a bad idea because the cash flow in the early years is already compromised due to the lower rents and if you don't have the money to do the improvements you never get out of the rut.There is another solution and that is to raise all the money in the beginning but don't call all of the capital at once.