Ben Smith
Dangers of a lowball
Everyone always says, "The worst that can happen is that they say no." Well are there any other dangers of putting in a low ball offer?
Louis Kelley
HUD Threatens To Sue Landlords Who Screen Tenants For Felonies
Hi just read a recent article on IBD regarding HUD looking to enforce equality among all renters - even ones with criminal records. I'm a new landlord so my experience is < 3 months of doing this. For those of you ...
Terry Burger
Convicted Rapist Behind a House
OK gang, wanted to get the BP investors' opinion on this scenario. I had a house under contract for $75k, ARV on it is $130k. Needs 25 to 30k in repairs. 1,200 square feet in a great location. Discovered a convicted...
Account Closed
what is a good return for a lender
Hey BP, I'm thinking about funding my first deal with a lender or hard money lender what do you thinks is a decent return for a lender without offending them? Thanks in advance
Robert Sarno
Good flip opportunity but homes next door are bad.
Found a good house to flip but the house next door is in bad shape (vacant) and the house next to that is a Rental and the current tenants have a lot of junk in the driveway and on the side of the house. The rest ...
Tony Castronovo
Bare Breasts Never a Dull Day in REI
Sometimes REI is tough! Days like today have to make you laugh.
I self manage and had to visit a tenant regarding an issue today. In the middle of conversation she pulls out her breast and starts breastfeeding. Haha...
Kirk Zacharda
Wholesaler Asking For 5k EMD Non Refundable
I was sent a wholesale deal via a wholesaler in San Diego. The wholesaler was asking 339k with 5k EMD not refundable and he said the ARV was 427k. The rehab alone would be 59k or more. I can see it needs a new roof...
Account Closed
Negotiating on a steal
Is it wrong to keep negotiating even on a steal? It’s a business, and I was always taught to make an offer so low that it shocks me. Recently I was negotiating and the seller was offended. The original number worked i...
Austin Eilers
Wholesaling Commercial office space
The company I work for is looking for a new office space to buy, and is open to suggestions. They have over a 1.5 million dollar budget for a different building I have recently came across an off market deal that woul...
Marcus Isaac
Best Way To Go About Picking Agent? Interview?
Hello All, I'm in the process of looking for a real estate agent and I have a few that I want to contact. I just want to know the best way to go about seeing if they're the right fit. Should I treat it like a job inte...