I just listened to episode 39 of the podcast a few days ago and land flipping seems like a niche that would work well for me in my area and help me build more cash for other deals.
I have a couple questions for start...
My prospective tenant’s last three housing situation. 1. Lived in a duplex, she gave me the name and number of the landlord but the name doesn’t match her number on caller id. The person I spoke to didn’t want to gi...
I have a lead in North Carolina. Already spoke to the owner and he is telling me that the property appraised for 150k. I have ran comps and did my research and the property is located in a high crime rate area and the...
If you have a unit that rents for 500/month and from that unit you cash flow only 150 monthly and you have over two years documented income on tax returns, you will only be allowed to use 75% of that "cash flow" incom...
I am not a licensed real estate agent, so I don't have access to MLS. Is it okay to pay a local realtor to run comps for me when needed?
Hello BP community, this is my first post here and while I don't expect anything I am hopeful that some of you more experienced will lend your expertise. A quick background on myself, I am 22 years old and have been i...
Hi Everyone! I'm new to the site and already made my first mistake by asking for a mentor… oops…..I just want to introduce myself. I am 48 years old, financially secure but without any experience in the real est...
Hello BiggerPockets, I have a question in regards to collecting rent... I own a handful of rentals and find myself wasting time between the 1st-5th of every month collecting and depositing rent. We've always had the t...
I'm looking for some advice/help in finding a contract to use with a private lender. My dad and I are about to purchase our first flip. We have a family friend who has agreed to finance the purchase and rehab of the p...
I'm new to RE investing--I have just analyzed my first property: I assumed this property was sold for $140,000, 20% down 4.3% interest, rented out for 1,300/mo, 9% property management, 5% cap exp., vacancy rate 7%, in...