Harry Maxtens
Expensive house deal
Hi All,I came across this deal, house Zestimate is 1.25m (in worst case...) Owner wants anything above 1mm - house is in great condition, owner just doesn't want to bother with the selling, How Do I wholesale this house?
Account Closed
Another would you rent to this person scenario
As always I turn to this forum with a scenario. Potential renters with 100k in the bank. Self Employed and appears last rental location was owned by a brother. On the rental application they put the first name of t...
Anna Mommsen
Is it beneficial to create a website for a vacation rental?
We are in the process of purchasing a property that is currently used as a vacation rental and listed on VRBO and Flipkey. The sellers have done well just listing the house on these sites. However, because I cannot as...
Steven DAmbra
Avoid Scams? Private Money?
Hey BPIm always giving my email in Facebook groups and I come across plenty of "lenders" but sometimes something just feels off, like it could be a scam. I emailed a Private money guy recently is offering 4% interest ...
Keegan Van Kooten
First 30 Days as an Agent
Hi y'all I am a new agent in Arizona and I want to set my business up the correct way. What are some of the things that you would recommend that I do in the first 30 days of being an agent?
Jerrold Stallworth
Pulling comps the right way
I'm a new realtor but I always thought that to pull solid comps on a subject property, you only looked at similar properties that had been sold or closed within the last 60 to 90 days, using a half-mile or so radius. ...
Eric Lee
Interest rate for investment properties
Hi All,I was wondering what the typical spread is between interest rates for a conventional 30 yr loan for a primary residence vs. a rental property? My lender quoted me at 5.375% for rental property loan with 20% do...
Jamall Lynch
CaPex Budgeting Costs
Top of the afternoon BP family,
I’m a newbie who recently came across a formula on how to budget for CAPEX. It says that I should take the cost of the repair and divide it by how many years it will last and divide t...
Mark Wallis
Great deal....but will I have trouble reselling due to lack of rehab?
New investors here with simple question. Had a great deal fall into our laps. Family needs to sell Dad's 2/2 condo in gated community fast. He now lives elsewhere with 24 hour care and family needs cash now. They told...
Jimmy Lieu
How did you come up with your lease?
Hi,I am a new REI in Columbus Ohio. I am in the process of reading Managing Rentals by Brandon Turner. How do you guys come up with your lease to present to tenants? Do you use an attorney or purchase from online leg...