Sam Booth
Is this a good deal?
1 March 2024 | 28 replies
@Sam Booth most investors want to see a spread of at least 30%, but this is an oversimplification because it doesn't consider important factors like: how much money you're putting down, how much the repairs will cost, how much of your time and effort the repairs will require, the appreciation potential, the cashflow potential, and a myriad of other important factors.
Kevin Brown
Primary Residence to Rental - Advice on Next Step to Scaling
29 February 2024 | 8 replies
Housing in the NYC area is obviously more expensive and will likely require a larger down payment.Thanks
Joe Gee
Phil Pustejovsky / Freedom Mentor Experience (a joke)
29 February 2024 | 6 replies
It’s five pages long and you’re required to Docusign it immediately while on the phone with the ‘director.’
Rafael Pinho
Ground up development in Florida
28 February 2024 | 3 replies
He is not on BP but I can pass you his contact info desired.
Clayton Hinspeter
Large Land Subdivide
29 February 2024 | 4 replies
Property B- I can get a cheaper parcel right at 2800 an acre that's also essentially a rectangle BUT would require us to put in at least a dirt road as the road frontage is on the narrowest property line.
Denis Ponder
Refunds - How would you handle this?
29 February 2024 | 17 replies
Here's an example:50% of the total price due at the time of booking.If they cancel 30 days prior, I refund the entire amount.If they cancel 15-29 days prior, they lose half of their reserve payment.The total price of booking is required 14 days prior to check-in.If they cancel within 14 days of check-in, the forfeit all funds collected.If I am able to rebook at any time during this process, then I refund their money, minus a processing fee.If they booked six days and I can only book three days, I will refund three days of their money.
Safwan Aziz
Should I focus on wholesaling or go to the sheriff auctions
29 February 2024 | 9 replies
In my area you are required to pay for the properties immediately following the auction.
Alex Clark
20 yr old debating house hacking or buying property out of state?
29 February 2024 | 28 replies
…on the other hand, flipping, BRRR'ing, wholesaling, and out-of-state investing are more like double black diamonds—they require a lot of experience, and a single mistake could have dire consequences.The fact of the matter is: real estate is a high-stakes endeavor, and the more advanced strategies (like BRRR'ing, wholesaling, flipping, out of state investing, etc.) can easily bankrupt a beginner when they're executed poorly.Although HH’ing is a strategy that's good for beginners, it’s not just for beginners—there are plenty of very experienced RE investors worth many millions who continue to HH, because it's such a powerful strategy.Now, having said all that, house hacking is not necessarily easy, and it’s definitely not risk-free (if it were, everyone would do it!)...
Sam Schultz
Dedicated to Success
28 February 2024 | 7 replies
All I can say is I have a burning desire to gain the knowledge necessary for success in real-estate.Down to the point of this post, I would love to hear from any of you who would be willing to provide me with suggestions of materials that were key to YOUR success and how it helped you.
Jeremy Porter
Understanding the Timeline: How Long Does an Eviction Process Typically Take?
29 February 2024 | 2 replies
Here's a brief overview of the key steps, legal requirements, and factors that can impact the timeline.Steps involved in an evictionThere are usually several steps involved in the process of evicting a tenant, beginning with issuing a notice to the tenant to vacate the property, followed by filing a lawsuit, and culminating with the physical removal of the tenant and their belongings from the premises.Legal requirements and timelines for each stepEach step is governed by specific legal requirements and timelines.