I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...
I just hit one of my major life goals of owning over 100 units! I just closed a 70 unit deal which puts me at 118 units total. The reason I post this in the starting out section, is it is important for anyone just get...
Hi everyone, I'm considering purchasing a property in Orlando close to Disney World for both personal use and also for investment purposes. Looking to connect with anyone who already has a vacation rental in Orlando,...
Hello, everyone! I have been reading like a mad man, and I feel like I have a pretty solid understanding of financing, renting, selling, controlling the properties you buy and a variety of other techniques and investm...
Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area). I’ve gone through the process 3 times (Offer accepted, appraisal, inspection) and for some reason something always needs to come up. So ...
Hey friends,Really struggling with paying 25-30% of our gross to a property manager on our first STR. I love all the details that go into AirBNB (decor, set-up, marketing copy, customer service), so the only things I ...
Hello BP Family, I'm in Charlotte and the home prices have sky-rocketed so I'm contemplating purchasing investment prop. in my hometown (Buffalo, NY), Detroit, Michigan or Toledo Ohio. I don't have have a ton of exper...
So, I recently started making many more offer direct off the MLS than I have before (I am an agent submitting for an investor client). I am getting a lot of "resistance" from listing agents saying they will not submi...
I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
So If I am finding off market deals (driving for dollars), qualifying and closing the leads of which I would buy them and rehab them....what is the role of my realtor? Just contract negotiation?