David Humphrey
Low End Rehab Questions
Hey everybody,Had a quick question to gauge the opinions of BP. NO holds barred, let me know what you think.There are a large number of $12-15k properties in my area that need $10k worth of work on average. ARVs in t...
Caleb Brown
How to make decisions on design?
I just put in an offer on a house that I plan to live in and flip over 2 years. However, the house was in the middle of a "rehab" when the owner lost his job...and so parts of the house are torn apart. If I win on thi...
Keith John
Buy and Hold Property Evaluation
For all of the successful Buy and Hold investors:What percentages do you use for the following when evaluating a potential buy and hold income property:1) Cap Ex2) Management3) Vacancy4) RepairsThanks in advance!
William Hochstedler
Can I tie up a short-sale property while I wait for it to foreclose?
A client (buyer) came to me interested in a listed house in the pre-foreclosure process. The listing agent is not local and doesn't impress me as being able to get a short sale done as there are 4 trust deeds on t...
Randon B.
Pros/cons buying investment real estate out of town
I live Austin Texas and its a sellers market here right now. Most everything is bought cash and above the asking price. I would like to look to other markets to invest in Texas. I'm just wondering what are my limit...
Katie Bader
IM NEW! | Can i/Should i use a HELOC to fund my first flip?
Our primary home is paid off after 2 years of pouring every penny we could into it. The market value is about $300k. We bought it as fixer upper for $188k, renovated and now plan to lease it out. We (my husband and i)...
Michael Guzik
College or Real Estate?
Hey guys I'm 19 years old and am wondering what I should do with my life. I graduated 4th in my class out of 678 students, not because I was the smartest but because I worked 10x harder than the rest of the class. I d...
Joseph Schreiber
Starting out and need some advice.
Hello, I am 25 years old and I live in Bellevue, Washington. I have around 600k in cash from one of my businesses that I just sold. I want to get into real estate and increase my monthly cash flow as much as I can. Wo...
Janet Hansen
How to approach the owner to wholesale their property
Good morning! So I have come across a potential investment property. It’s in bad shape. I have found the owners name and contact info (phone#). What should my introduction look like when I call? I’m not sure what to s...
John Warren
Help! First late rent
Hello everyone!My wife and I closed our first deal on the 7th on our new four unit property which is fully occupied. One of the tenants is a co-worker, which was not something I was terribly excited about initially, b...