I've read a lot about having a three legged stool approach as a way to preserve and grow wealth involving a hedge fordeflation (depression, falling prices)inflation (status quo, slowly rising prices)uncertaintyIt woul...
Anyone used/heard of this HML??? Just found them.
Check 'em out: http://www.dohardmoney.com
They will go 100% LTP (loan to purchase), provide POF, backend their orig. fee and loan payments, etc.
They sound like a s...
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
With the employment hitting record highs the stock market going through the roof, the fed pumping billions. There seems to be an impending crash or serious market correction on the horizon. What goes up must come down...
Hello BP Community, I wanted to start by thanking all of the members of the BP family for helping me so much and answering all of my annoying questions. I have another classic tenant issue that I need guidance on. Bri...
I logged on to my local MLS today and noticed a new message with an attachment from the US Dept of Housing and Urban Development (HUD) that speaks (in general) about how almost 1/3 of the US population has a criminal ...
Hey everyone,
Just wanted to run this idea by the community and hopefully get some feedback on it:
In the past 6 months, I've been hiring unpaid interns for my real estate wholesale business. I've hired about 40+ so...
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
I do not have the intention of this, it simply came up in a conversation with a new wholesaler. I also am not referring to POF "Letters", I am aware of how those work. Just would like fellow agents/investors opinions ...