Harris Carr
Looking to network with anyone in Central Illinois!!!
I'm Harris Carr, I'm 21 years young and have been in real estate for around a year. While being a full time college student and a part time boxer I've primarily focused on wholesaling, building a successful business w...
Neil Sickendick
Short Sale and Inspections
Hi all -Long time reader, first time poster.We have reached an agreement with the bank on a short sale (the property will be a rental for us). The house is being sold as is, but we are certainly planning to do an insp...
Antonio Sanders
Michigan Delinquent tax foreclosure
hey everyone. I just got property owner to quit claim me a property that he just wanted out of. The house is very nice, worth about 23k right now, 60 arv. he deeded it to me for $350.00.
The property is $700...
Joe Lee
value of a personal guarantee
How much value do you put on personal guarantys when deciding to accept a new commercial tenant? Do you relax your requirements (financial or otherwise) when personal guarantys are offered?
Ken Mull
1031 Questions / Advice Minimum Spend
I have a duplex in NY that I purchased as a primary/rental about 18 yrs. ago. About 12 years ago I moved out and it became 100% rental.If I sell it now for $700K I can net about $350K after paying off the first and se...
Sharon Miller
Covid19,Investment opportunity, why are not home prices dropping?
With Pandemic, and uncertainty of economic future made me think that the house prices would have been effected too. However home prices in our area still overpriced, they are actually going up if you can believe it. W...
Rhea Riffle
Need advice: Forming an LLC as disregarded entity in FL
My husband and I are selling a property in CA under both our names and doing a 1031 exchange. We found a property in FL. We want it to be under an LLC but it has to be a “disregarded entity”. I’ve read that since FL...
Kurt Stein
Wood Destroying Insects Impact on Annual Maintenance Costs
Hi BP,
I'm currently under contract on a town home in Atlantic Beach, Fl, that I'll eventually rent out. During the inspection, significant wood-destroying insects (wood boring termites) were found in the siding and ...
Account Closed
Who pays closing costs? ( SELLER FINANCING)
When you do seller financing with a pre-foreclosure property.. who pays for closing costs? You or the seller? If you, does it mean you have to pay like 9% closing costs? (the sellers closing costs + the buyer's closin...
Account Closed
Can a newbie/wannabe wholesaler add value?
I'm a newbie/wannabe wholesaler and don't want to approach experienced wholesalers/investors with nothing to offer. How can someone like me add value to a veteran investor to make it worth their time in giving me guid...