Josiah Stacy
Is it possible to turn a foreclosure into a short sale?
I've been direct mail marketing to homeowners facing foreclosure, namely, those with the auction date already scheduled. I mail to anyone in my desired areas who is 30+ days out from auction, and follow up weekly unti...
Peyton LaBarbera
How do you protect your properties?
Let's say I have 3 fix and flips going on at the same time and I want to make sure each property is protected now of course I have all of the proper insurance I need but what about keeping each property separate from ...
Kyle Meyers
Making first REO offer
I am about to make my first REO offer, any advice on getting it accepted or what to expect would be greatly appreciated.
I read a BP blog post about how to get my offer accepted, and I am planning to remove the inspe...
Jorge Ruiz
REO/Pre-Foreclosure
Hello BP! I would appreciate your help here. I am looking at a few properties that I would like to make offers on. Both are SFR's in southern california. Here are my questions:1. On the bank owned property does this m...
Catrina Alexander
Bank asking for $2.3M for 45 properties of former builder's inventory
Hello everyone,
It's been awhile since I've been on here. I have a question to propose to the wholesaling gurus and possible the moderator, if necessary.
I've been working on wholesaling a number of pr...
Kris P.
Industrial Warehouse Sales Transaction Due Diligence
Hi Everyone, I just have a quick question - we are planning on purchasing a warehouse for our company in Los Angeles. When making an offer on the property I have advised the broker to require the seller for the follow...
Tom Carroll
Post Mortem on a 'failed' deal
I recently made an offer on three properties with a total of 14 units (mix of studio, 1, and 2 bedrooms) of $420,000 (listed at $480,000. Seller countered at $455, I came back at $450k and we had a deal, subject to t...
Alfred Reserva
New investor First time comping San Diego Chula Vista
This is my first time trying to learn how to comp correctly. I was searching through Redfin and came across this address 16 E Olympia Ct, Chula Vista, CA 91911 (3-2 1348 square feet in listing but public facts say it ...
Rebecca Acer
Funding for an irregular property.
My husband and I found a deal that looks like this - 500,000 for two houses on the same lot. One is a small 3 bed 2 bath that has a tenant in place paying 1100. The other is a 10,000 square foot house with 4 kitchens ...
Eric Washington
Inspection Contingencies addendum
When making an offer is section 4b good enough to get me out of an deal that turns bad because of unexpected issues or contractor bids that make it not profitable.
My realtor thinks its good enough I think i shou...