Stuart Goodrich
Yellow Letter Copy
Hello all. I started wholesaling a few months ago and am on my way. My first 2 deals should close this week. I have been sending out about 500-600 yellow letters a month with about 15% return. I am using the most ...
Matt Huber
[Calc Review] 1% rule frustration
Hello!I've been practicing my deal-analysis skills using the BP calculators. I'm looking for cash flow properties (duplexes in particular), just using Redfin to get a feel for the analysis process and what inventory m...
Barrington Smith
Need rehab advice
I have an off listing property that was presented to me needs everything redone hasn’t been renovated since 1958 seller was asking 350k for 2/1 with back room having potential to become another room if closed off what...
Stephanie Ro
What Are Some Reasons a Property is on the MLS for over 30 days?
For my first purchase, I will be house hacking in a multifamily property. The examples below just happen to be in PA where I have never lived. The questions apply to any property no matter the State. When I return to ...
John Vitta
Where are Investors flipping?
So where are Investors flipping these days to find distressed properties under $100K? I'm in the Tampa Bay market and its near impossible to find anything under $100K. I'm willing to fish anywhere in Florida or anywhe...
Michael Klinger
Who can boil down the speediest eviction scenario in Cincinnati?
Who can boil down the speediest eviction scenario in Cincinnati (Hamilton County, Ohio)?I am in my 6th month of owning three multi-family properties in Cincinnati (64 units total). Due to distance in the area, 1/3 of ...
J'Nelle Lake
Should I contact the seller first? Or a hard money lender?
Hi! So I'm looking into the BRRRR Method and there is this home for sale by an owner in my area. The ARV is $480,000 and the seller wants $270,000. Its going to need a little over $100,000 in renovations.
Who do I a...
Kyle Spearin
Hidden Costs
What are some of the hidden costs associated with buying and flipping houses?
Karianne Klomp
Tenant pay less than half market value
Looking at a duplex to purchase which has a long term tenant pay almost half the median market value. If I decide to acquire the property, how would you go about raising rent enough to make it profitable? It's in cen...
Brandon Lewis
Analyzing your market
Hello BP community I wanted to ask for some tips on how to properly understanding and analyze your market. What are some key things to look for and consider when determining if your market is ideal for buying real est...