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So I recently put an offer in on a SFH and it was accepted for $3.5k less than the list price. It's a cozy 2 bed, 1 bath with a shed and a huge yard. It was marketed as turn-key with recent renovations (kitchen, carpe...
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View reportImmediate cash flow even with all 4 units way under market rents, long term tenants 10+ years, 5 y/o roof, new blacktop 2019, all utilities separated and paid by tenants even town water and sewer, huge valu...
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I'm looking into direct mail marketing for probate leads and ran across an Arkansas state statute (Ark Code 28-51-303) which states in part: (2) (A) If the sale is to be at public auction, the property shall be sold f...
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Hey everyone,Recently moved to the Twin Cities late last year (St Louis Park) and am new to REI. Just getting started on reading, listening to the BP podcasts and looking to attend a local REIA/other meet-up (suggest...
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Hello everyone,I was curious on how you all handle the security deposit when you increase the rent. For example, I have a long-term tenant for 5 yrs when she moved in the rent was 800.00 and the security deposit was 8...
Hello BP,
I am a newbie to investing in Real Estate, but i hold a RE license in California (currently unaffiliated). I am based out of Los Angeles but looking to invest in my first SFH or Duplex OOS in the Midwest du...
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Hi BP friends,
I'm trying to learn when the diligence process happens in the purchasing flow of a mobile home park. I know theres a lot you want to do once the property is in escrow (check the sewer, confirm financia...
My wife and I live in our triplex in Los Angeles that recently appraised for $900k (would sell for 1.2-1.3M, but low appraisals for multifamily are typical in our gentrifying area). We have a loan balance of $430K, 3...
Is completing wholesale deal in 3-4 months realistic?
My current situation requires me to move in about 4 months. The problem is I love the current market I live in compared to the one I'm moving to. And the o...
First time home buyer here. Looking to start with my first deal in San diego, CA by buying a condo for myself and S.O. I've been running some analysis and on most of the deals available (it's still a hot market down h...