1.) you find a house that needs some work
2.) you contact the owner, find out he is motivated, throw him a lowball which leaves plenty of room for you to make your assignment fee and make an investor a good bit of ca...
I bought a duplex unit in Colorado Springs about 6 months ago and want to continue to grow my portfolio but with prices going up, nothing in the area is making sense to buy at the moment. However, the lot that this du...
Hello BP'ers Just want to introduce myself =) My name is Joe and I live in San Fernando CA. I'm Basically new to this RE game although working in construction the last 20 years i can see value and also too much work. ...
Hi everyone!quick question about verifying a retired persons income. He lists $5700 and states "retired". How do I verify that? I assume some is SS. He's retired after 30 years at a paper mill so some may be from ...
Hi guys,So I recently became a landlord and I’m testing other ways to make money in real estate. I read up on wholesaling and wanted to try my hand at it. I bought a list of homes in the early stages of the foreclosur...
“More valuable homes are likely to cash flow less, if at all, than lower value homes”I hear this repeated a lot and haven’t yet heard or found the explanation. I assumed that more valuable homes would simply have much...
I own a couple of empty lake lots in my self-directed Roth IRA. Am I allowed to mow the lawn on them? Or maybe doing a little removing of brush by hand? Thank you, Bruce
Anyone have perspective to lend on the differences between a commercial and residential foreclosures. Things like auction process, frequency lender repossession, for example through a deed in lieu, allowing financing,...
Hey Everyone,
My understanding of the wholesaling game is you get the property under contract and then assign your rights to that contract to another buyer for a higher price, and the money is made off the sp...
I have a dilemma. This is my first post in Bigger pockets. S&P 500 index fund has given a historical AAR (Average Annual Return) of 10 % in the last 60 years and 14.5% AAR in the last 15 years as of today. The AAR...