Hello,Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4....
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...
The following is an account of my recent “Newbie” experience with Auction.com. After reading the info posted on the forum about Auction.com, there seems to be some mystery in some minds, including mine, surrounding th...
Hi, I'm considering joining a mentoring program run by a successful local wholesaler to help me develop a wholesaling business. In addition to counseling and reinforcement, the mentor would offer me contract forms, ac...
Hello all,I plan on buying single family and multi-family homes in need of rehab, and know absolutely nothing about the rehab part. So I'm trying to figure out how many people I need to hire and how specialized they h...
I was listening to Podcast Show 81 the other day and one of the things Michael Quarles said really surprised me. He said that when someone calls him to sell them their house, he does not (ever) make an offer. He (ess...
I'm selling a rental (escrow scheduled to close 2/14) and need to find a replacement for 1031 exchange. I'm looking for cashflow, C class or better, multifamily would be great. Property needs to be around $550K to com...
What have been your hardest lessons learned in short term rentals? I'd be curious to hear the experiences that others have had. I'd say my hardest lesson learned is overestimating how quickly a new property will reach...
BP Community,I live in the Denver Metro city of Centennial, Colorado. It boggles my mind how many contractors come to do a site walkthrough, promise to provide an estimate within a few business days, and never send i...
So this may stir the pot, but i am seeing a ton of posts on BP about "creative financing". While yes there are creative ways to structure financing deals. When it comes to seller financing in many of the cases the bor...