Pita Lucas
Discussion Do you look up county's appraisal when buying houses
Dear Everyone,I have been a real estate investor for a couple of years and I think that the internet has transformed our way of finding the target investment property. Many online websites such as Zillow and Trulia of...
Mia Shlomit
Converting to condo in Union City, NJ?
I've been eyeing a particular 3 unit multifamily in Union City for a while, to by as an investment. The idea was to upgrade the units significantly and raise the rents, then possibly sell once stable. Alas - the new o...
Tony Wilson
Purchasing rental property using a line of credit
I am looking at buying a rental property, but I have no down payment. I was thinking of utilizing a line of credit of $25K-35K for down payment and closing cost (6.2% interest). I believe this is a great deal of a dup...
Account Closed
Real Example of the 50% rule; need clarification
Hello! I'm new here and I'm wondering if I am interpreting this right...I'm running the numbers and I am somewhat baffled how I can't find any "good deals." The 50% rule states that 50% of your income will be spent on...
Andrew Merritt
How to Approach Private Seller
My neighbors (renters) are moving out of their house within the week and I've been told that the owners of the house are going to update/renovate and then sell. How would I approach them and say I'm interested before...
Wade Stahle
Should I put offer in direct mail yellow letters?
I have started a personalized yellow letter direct mail campaign. All my letters are handwritten. My question is should I start putting offers directly in those letters? I get alot of people who are responding but wan...
Will Butler
Commercial Real Estate Proptech Idea - Thoughts?
I’m about to launch a proptech company (with my friend that's a software engineer) that allows CRE firms to aggregate, organize and search for their CRE offering memorandums (as well as internal documents such as inve...
Adam Ramsey
Best ways to market yourself to local and out of state investors
Hey all,I'm a Realtor and the brokerage I work for is primarily a property management company that services the county I live in. I get calls from buyers asking about rental amounts, property management services and g...
Mike Reese
Looking for Feedback on my Analysis
Hey everyone! First time poster, first time investor here in Frederick, MD. I'm working on getting the fundamentals down, and I ran an analysis of a property that I'd like to get some feedback on. This property would ...
Adam Eckhoff
Me vs. the Wife (Section 8 and squatting)
Good Afternoon BP's,I'm about to throw a hypothetical scenario at you guys, and please let me know what you think. Let's say I come across a property in Atlantic City, NJ with good bones (roof, plumbing, windows, ele...