Solon S.
Reading Cap Rates and Pro Formas
I've been going around a lot of sites, including Loopnet, and have been looking at the Cap Rates that agents are claiming their listings are providing. They'll claim that a property has a 5% cap rate, priced at $1M, w...
Brandon Davis-Dukes
1st Flip Any Advise?
Hi i’m working on my 1st
Flip in Belleville Nj. The asking price is $155,000 and the wholesaler who is also an agent says the ARV is $290. After running comps I noticed the ARV is between $240,000 and $250,000. I’ve ...
Cory Lucas
I guess it’s real now!
Wahoo! Closed on a duplex on Monday and just cashed my first rent check, exciting stuff! Thanks to everyone that has been kind enough to reply to my posts and answer my questions. Deal #1, check!!!Love the BiggerPocke...
James Valice
How To Provide Value?
As an aspiring real estate investor and agent, my current biggest priority is to provide value to others. I am eager to network with likeminded individuals within the real estate industry and was wondering the best wa...
Markiya Smith
Rehab a fix and flip with contractor
Hello everyone,
Should I have a contractor come out to each subject property to have it quoted for the work that needs to be done?
George Paquette
Owner financing - What are fair terms in your opinion?
I am looking at a property to BRRRR for $300k and I threw it out to the owner to owner finance it. She said yes and for what terms? I wanted to get some ideas that people have received for owner-financing and to see i...
Julia Amelyan
Sewer Backup Insurance
Has anyone found any type of sewer backup insurance coverage for rental properties? I live Wisconsin and my insurance does not provide this type of coverage. There have been properties that have had issues with their ...
Nancy Fortenberry
Best place to get appliances for flips in Texas?
I'm wondering where I should purchase appliances. I've been scouring the internet for best prices and making notes for comparisons. Would purchasing guarantees for 3 or 5 years be an incentive to buyers?
Carson Wilcox
evaluate wholesale deal
OK, so I have met several great wholesalers on BP, and gotten a few deals sent my way... for my first flip, obvioulsy an MLS house would have that nice comfy feeling... but the price! So... wholesaler it is... I hav...
Andrew Lax
Sales Brokerage Commissions
Starting to sell my portfolio of single family homes - curious how Brokerage Commissions are handled now.
Are Buyers agents negotiated upfront on the first call or does the sellers agents simply say "put it in the ...