Bill Black
Making first ever offer on flip house and have a cpl questions...
First of all, I am in Washington State. Is there a state specific OFFER that is required or will a general "Letter of Intent" be sufficient prior to drafting the "Purchase Agreement"? I understand that the sale cont...
Daniel Holloway
Why do sellers agree to steep discounts?
Ok, so I am excited to start wholesaling and my wife is on board and supportive, but she's having a hard time understanding why sellers would agree to such steep discounts. For example, if a house is worth 100K fixed...
Brianna H.
Why rent to Own from a tenant perspective?
Hi All!I am looking into establishing a business around the rent to own model. I feel as though there is certainly a market for such a model and it has the potential to be great on both sides of the deal, that being '...
Neil Greene
Buying two-family, owner wants to rent from me--need suggestions
Greetings BP!I hope this note finds you all well. An elderly neighbor a few houses down wants me to purchase her two family. She is a widow and says it's too much to manage. She wants to remain on the bottom unit an...
Maximiliano Rodriguez
Playing Games with a Pro
Looking for a Pro Advice.Current Situation: A house is offered to the market for $200,000 "As is". Repairs might be $15,000 max. The ARV is estimated at $320,000. The repairs are confirmed and there are no liens on th...
Cassidy Burns
32 Unit Apartment Complex Purchase! Value Add
Investment Info:
Large multi-family (5+ units) buy & hold investment in White Sulphur Springs.
Purchase price: $550,000
Cash invested: $50,000
32 Unit Apartment Complex 1 Mile from Greenbrier Res...
Sade Estronza
Newbie advice please
My goal for the New Year is to buy my first rental property .Been doing allot of research and joined Lifestyles Unlimited to help mentor me. Any good advice in general to avoid any mistake before purchasing? Any loan ...
David Schulwitz
Flip Deal Analysis Opinion - DFW, Texas
Hello BP, Considering making an offer on this property for a flip. The area has great schools and a warm market, so I'm feeling conservative and confident regarding the ARV. I would be using a Hard Money Lender to d...
Aaron Rowzee
Need help analyzing - I'm too emotionally involved
Alright guys, here goes. First big deal and it's a quad Plex with 30 storage units.2x 2/1 units - $900/mo2x 1/1 units - $700/mo2016 gross/net - $32,800/$18,3352017 gross/net - $30,100/$14,677Storage units vary in pric...
David J.
Question for the landlords here about deposit money.
HiHow much of his deposit would you return?I have a SFH where I rent rooms. (I don't live there by I live near and stop in often)Anyway, I gave one of the tenants a 60 day eviction. He did nothing wrong, I just need t...