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I just bought my first house at a foreclosure auction today after 3 attempts on other properties. I've been flipping REOs so far. The auctioneer was inexperienced, lost (could not find the correct legal location ...
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I understand how and why to use a standard formula of 70% ARV - repairs - my wholesale profit when making an offer to a motivated seller.However, I have some buyers who seem less interested in getting a great deal (30...
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I have a 16 unit apartment that got destroyed by hurricane Michael 9 months ago. We are getting rebuilt but have run into a problem with the second story floors. I want to go back over the plywood with vinyl plank flo...
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I'm looking to purchase my first note and I was wondering how did you acquire your first one? I'm currently cold calling banks and I'm putting together a list now for mailers. Also I'm looking in my network to see exa...
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Is there any hope for a construction worker with a strong desire to succeed to get started in flipping houses?
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I seem to have a grasp on my end goals in life. Many of them have fallen into my lap, many of them I've worked hard for, but many of them I feel could be started now but I don't have the know how. Real estate investin...
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Hello BP community!After doing my last couple of remodels, a crazy idea hit me. Not sure if the concept is groundbreaking or if I'm reinventing the wheel, but the contractors working the job had been doing the same ki...
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Hey all, I quit my W2 6 months ago with solid reserve set aside and a proven business model. My business is going well and my wife was being offered insurance as a part time RN, but as of December 31st they are resci...
Hello BP,I'm still a newbie at all this so please feel free to recommend any reading material to get me started. Long-term I would like to own multiple rental properties so this would be the first step.My girlfriend a...
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I'm a new member and would love some feedback on our recent purchase and analysis.We bought a residential property in an upscale neighborhood. It was built in 1999 and has 3,824 square feet. They added an in-ground ...