Sam Williams
Creative ideas?
I got a 90 year old house under a wholesale contract in st. Petersburg, FL. It's a cool looking 2 story Key West style house. The problem is that it needs considerable work. When I put it out on Craigslist / Zillow ...
Chris Oswald
Figuring Cap Rate
I looking at a property and the owner lists it at a 12% cap rate. I did my math and the real number is closer to 8%. The property is class B or C. I am new to this, but it isn't prime and isn't terrible either.When ...
Frank S.
Two loans on one property - Possible Foreclosure
Property in Illinois200K listing300K owned to Bank #140K owned to Bank #2Bank #1 indicated court proceedings. Motion for a default withdrawn. Await motion for summary judgment ( will be responded)Fastest Sheriff's sal...
Jonathan Chai
Rent reduction during construction
Hi guys,I’ve got my first rental property that I’m using for student rental at a local university. It’s currently rented to 4 different students on separate leasing contracts. The house is currently under construction...
Sarah Lorenz
1M Listing: Use a top agent or DIY?
I'll be listing my current live-in flip in the spring, somewhere around the $1,000,000 mark, give or take. In the past, I've worked with various agents with various skills, done FSBO, flat fee listings, or worked with...
Caleb Stephens
What's Owner Financing Story?
Hey BP nation,I'm working on a owner financed deal to purchase a retail/office building. I would love to hear your owner financing success stories and best advice. Please share your wisdom!
Dave Cot
Rental Property - Please help
Hi guys,Can someone here please help me. I am working a this greedy realtor, we went to see this property which I intended to buy for rental income. Right from after the time I showed interest in making an offer, he h...
Christopher Morrison
Offering on On Market Properties
Newbie question, When offering on on market properties how often are your offers at asking price? Is there a certain percentage you offer below asking as a rule of thumb, or is the general downside of on market that y...
Kate Purse
Distressed Property on Zillow - Contact Agent?
Question for the experts!
I have found a property on Zillow I am interested in making an offer on. It is a major fixer-upper listed for $175K on prime real estate. I ran the 70% calculator and can offer 105k. I di...
Account Closed
Wholesaling
I been interested in getting into real estate and escaping the rat race. I want to start off in wholesaling and move into buying and hold for long term. For me I don't know where to start, is it the education I should...