Wilson Mui
Making an offer
If I understand correctly, some members advise offering a maximum of 70% of the ARV minus the repair costs for a property. This is usually a very steep discount to the asking price. Since most offers will probably g...
Aroldo Villarreal
When do you quit contacting seller?
I have collected leads on my CRM and have them scheduled to call back at certain intervals. For example, I have one that I know will need to sell eventually since they have a leak in the back which is basically runnin...
Mark Watkins
Rental Beside Hospital Creative Rental Situations
I wanted to see if anybody had ever developed a relationship with or had a contract with a hospital to provide short-term housing for doctors or other staff. I have a SFH rental coming online in April that is right be...
Mina G.
Sheriff Auction
Hello everyone,Can one just go to a foreclosure auction hosted by the Sheriff (Hudson County) and not bid? Can I just go and see how the process goes?For this property, auction.com shows that bid will start at $100. L...
Alejandro Tirso
Design Help! Railroad homes!
Hi! I am currently in the market for properties in Hudson County, NJ. The location is less relevant than the home style frequently found here--railroad style apartment in small multi-fam homes. Essentially you can...
John Worley
What is a Rehab Loan?
Oftentimes a subject of some debate is the reality of what is a renovation or “rehab” loan. Simply put, a rehab loan is a specialty loan program that allows the borrower to purchase a run-down home and to finance an a...
Kathy Rautmann
Commercial / Campground / RV Park Agent Commissions
Hello everyone!
My husband and I are in the process of hunting for an RV park to purchase. We have purchased and sold several residential properties before but never a commercial property so we’re unfamiliar with how...
Drew Griffin
New to BiggerPockets - Looking to connect with investors seeking hard money loans
Hi everyone - my name is Drew Griffin, and I recently exited a small business venture and looking to engage motivated investors who are seeking a hard money loan for their qualified deals. I'd be looking to lend in th...
Lorenzo Smith
i need help with the 3rd R in the BRRRR strategy
I purchased my 1st small multi unit 4 plex with hard money in Kansas City MoI Got an awesome deal on Paseo Blvd . Across from a univerisity, Minutes from Plaza Shopping Center.This building also has another unit in...
Chris Shimmel
Owner Financing question
About 5-6 years ago, before I was really ready to start buying, I met a guy who was doing owner financing on deals. Essentially he was buying the property and fixing it up. He would then sell it on some sort of a cont...