Dustin Beam
Sometimes I feel very dumb (CAP Rate edition)
Hello beautiful people of BP, Today is one of those days that made me feel dumb. But the good news, I finally "get" something instead of just knowing about it. For a long while, I felt that way about Return On Equity ...
George P.
new agent charged me 6% to lease the property, not 1 month's rent
so, i have been doing this for awhile. with multiple agents. i loved my previous agent, but she reduced her workload due to pregnancy. She referred me to a guy that listed a house 2 weeks ago.We talked, i liked him, h...
N/A N/A
Questions about Lease Options
Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
Jordan Shane
Tell me what you think of this deal...
I took the company name out just in case. I don't want to get in trouble for posting there deals on internet. I just want idea what you guys think. Even you know i bet you can find out the name of the company from my ...
Leroy Williams
Short Sale Option
Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
Michael Jackman
Save for a emergency fund or invest?
I know this depends completely on ones risk tolerance, but I'm curious what you would do, or have done, and how it worked out for you.Currently I'm working on the former vs. the latter, but it is driving me crazy! To ...
David Lee
How do I figure out a value?
I am looking at a 6-plex and I am trying to figure out what kind of offer I should make. I am also trying to figure out what the ARV will be. I have several comps with in 2 miles in the last year but this is the fi...
Travis Frenchak
Purchase cheaper cash flowing properties or wait for more...
Just looking for your feedback on something I struggle with. Would you/do you purchase lower cost (50-75k) cash flowing properties or would you/do you continue saving and purchase larger higher priced (200k+) cash flo...
Cynthia Harrison
To Wholesale or not, that is the question!
I don't have any savings because of divorces and I helped my children & grandchildren start on a better foot than I did & I have a big (too big!) heart.So with that being said...I thought I was ready to try Wh...
Kathryn K.
Determining the wholesale offer on an REO
I was wondering how successful wholesalers, particularly in CA, are determining offers on bank owned fixers. The "70% of the repaired value minus repairs" formula seems to be not applicable in my market. The banks re...