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I'm just starting in the real estate business, but I'm drawn to plexes and most of the ones I find that I can realistically buy are in dilapidated areas. I'm mostly looking in Birmingham, Alabama. My question is: to...
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I am very familiar with how the 70% rule works and have read several posts about other variations of the rule. My question is for you other wholesalers out there.. When you are estimating your repair costs what are yo...
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Hi BPs! We’re thinking of buying a place in DHS or the surrounding area to turn into a STR. We’re a family of 5 from NorCal with 3 kids under 10. We spent time in DHS and Cathedral City this year on 2 separate trips a...
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I'm on my second set of tenants in my first two properties. I have the prior tenants' application, lease, DL's, paystubs, etc... What is everyone's experience with needing to hold on to this information? I can see ...
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Good day, and Happy New Year to you all!My wife and I own 48 units. We are 4-5 years away from "retirement" which for us means doing alot of traveling. We've toyed with the idea of selling, and have even setup a websi...
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"Buyer's/Seller's market" defined by months of inventory.I believe it is best to buy in a seller's market, and sell in a buyer's market.My reasoning: months of inventory creates price pressure. Low inventory causing ...
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I am reading up on wholesaling and i feel as though It is something i have to study much more before i try and apply it and make my first whole sale deal. I think that i will be better off fixing a house and selling i...
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Hi all, I'm pretty close to purchasing a property in a nice part of Dallas. It's a small 1 bed 1 bath, only 500 sq. ft. and selling for $85k. The current owner has put almost $25k in upgrades into the small apartmen...
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What is the process that a developer goes through to fund a large new construction project?
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Good Morning all,I am just starting out and looking into buying a single family house in Pittsburgh, PA to rent out for a steady monthly cash flow. I just wanted to check-in and see if anybody has any experience in th...