I have watched several discussions, including David Greene's video, around the recent lawsuit against NAR and RE brokerages. Learned a lot but there is one thing I just don't understand. If we look at the numbers, the...
My subject is not direct, but a legitimate question.I recently got a prime follow up call for a prospect that could absolutely be wholesaled. Upon making an offer and coming to negotiating terms with the seller, I nee...
I was thinking in a long term view. Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...
We all know Cleveland Population is Declining every year. I hear a lot of reasons, but other than jobs as being the main reason, I cannot seem to find other reasons that make it reasonable for the declinning populatio...
A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...
I just flipped 3 properties today to a all cash investor using a land trust. I had never done it before and I was skeptical but I closed all three deals same buyer within 3 hours.
Here are the steps if you want to u...
I posted on the multi-family forum a month or so ago regarding the multi-family 50+ unit market heating up. We've lost out on many offers from buildings ranging from 20-150 units. I've been mainly focused on Cinc...
Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
Whether I'm showing a unit, or at a cocktail party when people ask me what I do, I inevitably get the question "how many units do you own"? To me, this is quite rude and they are basically asking me how much my portfo...
I made the leap and invested in my first property in October of this year. My plan is to live in this home for a year, to satisfy mortgage requirements, then rent it out. I still own my previous home that I am plan...