Banis Boortian
Were are the best places to buy property and what should i look for?
Iam currently looking for properties that i can buy and rent out month to month for 1% of its cost. For example buy for 100k rent for 1000. I looked at different states and noticed that its pretty hard to get deals...
Sharee Mason
Counting empty lots in pro forma
I have a client trying to purchase a mobile home park. It has a few empty spaces. The seller has those spaces listed on the pro forma income/expense sheet as what they would bring in if they were occupied. My quest...
Kevin Schaefer
Property soon to be REO and not sure what I should do next?
Hello, I just got my NJ license and have been working the withdrawn / expired lists. I'm talking to an owner who's house just expired and she's telling me she's moving out in two weeks because the bank wouldn't accept...
Joshua Lira
How do house flippers acquire money to finance renovations
I have a question concerning house flipping. I know most use hard money lenders & private lenders to acquire the property but how do they finance the renovation? Do they borrow more than what the purchase price of...
Dustin Faeth
Should I be present during the appraisal?
Hello BP,
I have heard some investors mention they try to be present when the appraiser shows up at a home they have recently rehabbed and are selling, to make good with the appraiser and discuss all the impr...
Stephanie Martinson
Underwriting a value-add apartment syndication
Hello all,I think I found a deal! It's a 10 plex value-add apartment. I'm in the process of coming up with an offer price so I have a few things I am hoping that someone may know the answer to...1) I'm including the...
Brian Tome
My Real Estate Journey So Far
My wife and I started listening to Bigger Pockets about three years ago and soon realized that there lay many opportunities for us to invest in real estate and make a better return than what we were in the stock marke...
Ryan McLeaird
Need Amendment to previous developers covenants and restrictions
Has anyone had any experience working with small neighborhood associations to get covenants and restrictions amended?We have a piece of land in a great location of San Antonio under contract to purchase, it's approx. ...
Ysanne Isard
LLC question and management
I own 3 buildings each under their own LLC. I did this to limit the loss should any lawsuit arise.
I also manage these buildings myself, and now I am reading that if there is an issue, the tenant could sue th...
Murray Reginald
Finance Strategy to Purchasing Off Market LTRs
Hi BP, I plan to utilize the following strategies ( Direct Mailers, Craigslist, Eviction Records, RE Auctions & BP Market Place etc...) to find a LTRs off market. I don't want to exhaust all of my capital, I curr...