Hey group, question, I just secured 2 deals with an owner, we agreed on the prices and tomorrow he is sending me the info on where I am to send the contracts to. The only thing is, I am not sure what contract to use!!...
I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...
For the last 15 years I have been answering questions from unknowledgeable wanna be investors who watched a guru on YouTube and now wants to know where to get the earnest money to tie up multi million dollar propertie...
I am a wholesaler in the Chicago land area and I have been very successful with wholesaling FSBO's and off market properties. I know how it works and I have my contracts in place. The Question is can someone shed some...
Hello BP community.....I'm looking for guidance and recommendation for best practice in how to account for property equity and principle payments. Currently for tax purposes, I track all mortgage interest etc, however...
Hello BP,
Alot of people talk about Cash Reserves but I haven't seen what that amount actually is. Is it 10k on 100k house 10% of purchase price. Is it the price to fix one huge problem? 5k for the roof so ...
One of my biggest fears is getting ripped off by contractors, them stealing my money, rehab cost exceeding budget . However, I realized to maximize my returns I need to consider distressed properties as an out of stat...
What is the normal contract assigning process?
Please critique and/or correct my assigning technique before I get started.
In my opinion, before I get a contract with the homeowner, I'd at least like to know that I'...
Ive been doing property analysis daily now, just want to see if its being done right, and if you have anything to add, i would greatly appreciate it !*Each home I am using a 20% down payment structure & 50% for ex...
I have posted a couple of threads, but I realize that I have not properly introduced myself. My name is Tony, and I live in rural Arizona near the southwest border. I became interested in real estate recently due t...