Hello,
I recently went to a rich dad poor dad conference and learned about tax lien certificates. Has anyone on here made a living buying certificates?
Nic
So I am getting close to hopefully making an offer on a mobile home park, my first. Its the original owner, an older gentleman.So assuming we come to terms, would the next step be an LOI or contacting a real estate a...
Hey BP Community,
Recently I've been trying to wrap my head around what exactly IRR is, and how to compute when underwriting a deal. From my understanding, it is the rate of return that an investment offers based on...
Hi BPers!I found a very interesting property while I was goofing off on a realtor website / Zillow on Friday. And it looks on the surface to have some great potential, so I would like to investigate this property for...
Hello all, I am a new to real estate investing and still in the research and reading phase. I have read that when you buy a property you have to hold on to it for 90 days to avoid some sort of penalty. So when you fac...
I like negotiations, but with REOs you often don't get to the table with the bank. The only way to communicate is through the use of a bid. What creative bid ideas have you used buying bank foreclosures?
Hi Everyone,I'm considering buying a multifamily from HUD and had a few questions regarding the mechanics of the transaction. The rep I spoke to at HUD's main phone number wasn't much help, and so far haven't gotten a...
Hello all, This is my first fix-and-rent property. I've found a duplex for $100K but it needs a lot of work, probably needs another $50k-$70k into rehab. The goal for this project is to implement the BRRR method to g...
Me: Newbie - bought 5 single-family tax liens at the last tax sale, still waiting for the redemption period to time-out and get the deeds. A few grand in capital to play with at the next tax auction.Target: A 4-uni...
I am making an offer to a SFR in Texas with $100 option fee and got a counter offer with $350.I read some past posts regarding this, and it looks like norm here is $100-200.This is my first rental property, and I woul...