Kendrick Fisher
Bank owned but not listed for sale
I live in a small town in north Texas. I noticed a house was vacant and had the winterized labels on the doors. There is also a key lock box on the front door which I would assume is for workers since it is not curr...
Edward Shen
How much should I offer for Hud Home and what to know?
Hi everyone, I am planning to buy a Hud Home and wanting to flip it. I came across the idea while watching Biggerpockets videos. However, I do not know anything about purchasing a Hud home and how I should go about it...
Erin Elam
Expectations when viewing home to wholesale
Hello BP,I need some help! This might seem trivial, but it's happened so I'd like to know how wholesalers handle this. When I go see a house for possible wholesaling - first question: is it ok to go ahead and bring i...
Larry Scott Hastings
How to set a rent price for a long-time tenant.
We have a couple who has rented a home from us for 20 years (long before we decided to take real estate investing seriously). We're currently renting it for $2300.We know we need to increase rent on the property, but ...
Sophie Steilen
Airbnb analysis for Arrowhead CA
Hey everyone!
I am looking to purchase a cabin in arrowhead CA, betting that it will go up in value but I also want to use it as an airbnb for cash flow. It would be my first short term rental and I'm wondering if a...
Hector Sapinoso
Rent rate increases in SoCal deal analysis
Hi BP,I've been reading Gary Keller's Millionaire Real Estate Investor, and I'm at the section where he discusses increasing NOI on your properties. One of the strategies he mentioned is increasing rents, and in the b...
Kelsen J.
Analyzing a Deal in DC
Hi BP,
My name is Kelsen and I'm new to wholesaling. I haven't done my first transaction yet but I have been reading, listening to BP podcasts and watching videos from investors. I did some research and I fou...
Account Closed
ListSource Strategy
I know, another ListSource thread.... I searched, so if I missed it please just point me in the right direction.I started building an absentee owner list for flips and rehabs using zip codes rather than the city in o...
Justin Cabral
How to do you do your due diligence?
Newbie here trying not to overextend myself. So lets say I have my eyes on a property. How do you go about determining your monthly nut (as far as taxes, insurance, and maintenance)?And once you have that figure, how ...
Johnoson Crutchfield
How Tax Returns Affect Real Estate Investor Bank Financing
I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...