Joon Kim
Seller asking for 100k on top of asking price for STR business
Looking to purchase my first property for STR and looking at an existing STR business.The seller is asking for 100k on top of the asking price for basically the right to continue using the property as a STR as well as...
Mike F.
Bank asking what i'm doing with the funds?
I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
Account Closed
First REI deal looked promising but rehab costs keep growing
Calling out to all investors...How many of you thought you had at least a base hit on your first property and then, in the end it turned out to bite you (financially speaking). I am in the process of buying a foreclo...
Trevor Ewen
New Orleans Land Auction
http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...
Marcus Auerbach
First Spec Home / New Constructions - Pictures & Lessons
We are just about to complete our first spec home - a $650k single family ranch style home with 4 bedrooms and 3.5 baths. I always wanted to build new and despite my almost ten years of remodeling experience there wer...
Hannah Stephenson
Why can't I sell my flip!
We bought a home in one of the nicer zip codes in our city, in the top school district at what we thought was a deal. We put a significant amount of money into the house and have received excellent feedback on the ren...
Jordan Gregg
Bloomfield NJ Watsessing station area investors?
Are there any investors on BP who have property in the Watsessing Ave area of Bloomfield? I would love to connect and hear your thoughts on the area and especially market rents......Hello BP community! I am a new in...
Mark S.
preREO - First Mortgage Secured by Vacant Property
As an investor in a couple of Jorge Newberry’s note funds, I came across one of his newer ventures: preREO. I’ve heard him speak briefly about this on a podcast or two and am signed up to attend a webinar with them l...
Michael Ealy
Small Deals Mean Wasting Time & Making Small Money
For those of you who don't know me, I have been investing in real estate since 1999 and I have acquired about 3,000 apartment units (and houses) and I still own 1,000 apartment units today.I also own 45 houses and sev...
Michael Ablan
Service Animals & Emotional support- Is animal restriction dead?
Hey guys,Is anyone noticing a huge uptick in the amount of people applying for apartments who have service and emotional support animals? In just the last 3 months, I swear 7/10 people have had one of the two. I eve...