Amelia Bartlett
Willing to learn in Tampa Bay, Florida
20 February 2014 | 27 replies
This year, I've decided mostly to focus on flipping houses because I don't think I'm ready to get involved with landlording or hiring property managers, etc.I just joined my local REIA Tampa Bay chapter and will begin attending meetings, but I'm hoping to learn more about certain things online as well, things I've been having trouble narrowing down in the forums.I'm wondering about:•How hard money lenders work, and how you communicate with/propose deals that a person in that position.
Zac P.
Tenants transfering to another rental
2 January 2014 | 5 replies
For me, house rents for more than apartment so tenant in house with vacant apartment is better than vacant house with tenant in apartment so I would do this for a good tenant that I know can afford the house.Of course, leaving apartment would require tenant leave it rent ready, otherwise you would deduct needed work to make it rent ready from Security Deposit.Gets a bit tricky transferring the SD to the new house because you then don't have an SD for the apartment.
Ollie Gray IV
Young and Ambitious or young and foolish?
1 January 2014 | 25 replies
My mom pushed me way before I was ready (except I was ready) and although I didn't understand the whole picture or even the next steps I followed trusting my mom and have bought 2 houses a year for the last 4 years.I also started when I was 23, when I bought my first two houses I thought that this was the SLOWEST thing ever.
Cyrus Sidhwa
Purchase Price for Flips
31 December 2013 | 10 replies
If you are at the point in your investing career that you are ready to do a flip I would imagine you have a pretty good handle on what your holding costs will be exactly and you can start factoring that in to the equation but 70% will be an extremely difficult benchmark to hit.
Account Closed
Question Regarding Buyers List
6 January 2014 | 1 reply
I am a commercial mortgage broker with a giant buyers list, and I have many client investors looking for specific properties who are ready, willing and able to purchase today should a deal present itself that meets their specific criteria.I often hear from wholesalers who have "deals" but no buyers list.I'm wondering how to best become a matchmaker, any suggestions?
David Lee
Just closed on my first Property since joining BP!
1 January 2014 | 20 replies
When I looked at it in person it looked bad because they had taken the shutters off and had pressure washed the house to get ready and paint it and had stopped in the middle of paint prep.
Brian G.
Newbie from Burbank, CA
2 January 2014 | 7 replies
I've been reading many posts on BP and now I'm ready to engage.My primary motivation for real estate investment is for retirement income.My primary goal is to buy & hold long term cash flowing rental properties.Right now I feel pretty confident because I dominated a family game of Monopoly today!
John Horner
Am I protected by an LLC if the mortgage is in my personal name?
1 January 2014 | 9 replies
They are ready to start calling on accounts when they don't even know how to read a rate card,,they want to go see people, you have to hold them back a little so they have the basics down,,they want to start selling.The sales reps in #1 have little chance for success,,they confuse activity with accomplishment.
Thaddeus S.
New member from CT
4 June 2015 | 9 replies
I've been researching for some time now and ready to get my feet wet.