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Hey BP community, I'm at a stage in my learning process where I am ready to pull the trigger on my first investment property, pending current economic uncertainties but that is a post I've seen covered plenty already ...
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How does earnest money deposits works? As I was reading, I saw that when dealing with new buyers many wholesalers had made the buyers pay an earnest money deposit. Is this a recommended practice? Why? How much do I as...
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I am curious how people go about getting their first contract and how people go about estimating their rehab costs. I'm new to wholesaling and wanted to get a perspective on these two aspects. My biggest hurdle with...
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I have been struggling to find someone to refinance a fully tented industrial building of mine. I was originally looking for a 75% loan to value. For a reasonable interest rate, knowing today’s markets. I’ve been told...
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I will be renting out for the very first time this summer. I had a few questions on how to go about it:1. How to determine what's a fair rent to charge? I use listings in Zillow as a reference, but, they are inconsist...
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I don't start many forum posts but recently we had a post where someone posted a subject-2 purchase contract to a request for a contract. The contract had many pitfalls for any new investor and was obvious to me that ...
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Hello BP! Been awhile since I posted. We have been very busy with our 2 duplexes we purchased within a week of each other! Anyway, our one duplex actually has a 4 car garage (2 2-car garages for each unit) and it a...
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Hello all-
I have couple of questions about pre-foreclosure letters to homeowners:
1) Are there any legal issues with sending letters to homeowners who are in default of their loans? Have you guys run into any legal...
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What reservations, if any, would you have if a property management company is the service provider for an HOA & in the HOA CC&R's the same prop mgmt company has exclusive rights to leasing a community of Multi...