Hi guys,So I recently became a landlord and I’m testing other ways to make money in real estate. I read up on wholesaling and wanted to try my hand at it. I bought a list of homes in the early stages of the foreclosur...
It is my contention that in most circumstances you should not use a real estate agent to buy a single family home, and only in limited circumstances should you use one to sell. This strategy saved me approximately $15...
Hey guys, about 4 months ago I bought my first investment property (a duplex), and i currently have it managed by a separate company (for multiple reasons). I am now looking into buying my 2nd property and want to sta...
Hello Fellow BP Members,Anyone care to elaborate on their purchase experience through auction.com? My questions are regarding a successful bid and the turn time before full ownership, for foreclosure and bank owned. I...
On the BiggerPockets Blog, our contributor, Clint Coons - an attorney focused on asset protection - wrote an important post that anyone raising capital for their real estate investments needs to read.
Please make sur...
Why would real estate agents who claim to be "investor friendly", not want to work with an investor who is wholesaling?
Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
Here, I'll start:
1. Always do your due diligence.
2. It's better to overestimate than underestimate costs.
I need some help in figuring out whether to keep renting this house out or sell. Here are the numbers, if I left anything out or you want more information let me know:Single-family homeOriginal Mortgage = $114,500 VA...
Embarrassing question time!I am embarrassed to say I have purchased 3 primary residences in my life, and don't have a clue how my agent handled offers. 1) When reading about the BRRRR strategy it seems that it's com...