Hi BiggerPockets,I found a multi family bank owned property that I want to put an offer on, however, the listing price is more in line with what the ARV would be... is that common for REOs?
So after networking and talking to people I know, I came along this lead where there's still 100k left on the loan but the ARV is only 120k. There is also little to no work needed for repairs, I would say less than 1k...
Let's just say a real estate investor owns a number of properties in their personal name and is unable to move them to an LLC or some other entity due to some 1031 exchange considerations. All of these properties are...
This topic comes up frequently on BP and it is something I am currently wrestling with for some new projects I have found. What percentage of your net worth are you willing to risk on any given type or set of project...
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
I am going to be getting into a few house flipping deals in Northern California and I was curious if it was worth getting my license under a broker to only do 2 deals a year and get MLS access. Obviously it would be n...
There is a thread on BP about getting to $100M with some interesting commentary. A lot of the comments revolve around compounding rate and what is sustainable. It seems that growing your net worth should have some s...
JUST joined, and JUST posted an earlier question. I'm currently in Austin, TX, but found a pretty sweet looking deal in San Antonio (about a 50 minute drive). You guys/girls think I should go for it and just know I'll...
Hello all, I’m entering my third week being live with our Airbnb and I’ve been trying to decide 1. If a PMS is worth the cost for 1 property and 2. Which one should I use of the less expensive/ simpler lot. I have bee...
While most people may think of an auction as a last resort to sell real estate, this mode of selling is becoming vastly popular all over the world. Regardless of whether you have to sell distressed property or a perfe...