Jason Varney
Writing offers when back taxes involved
Hi all,
I am looking to do some wholesaling and have come across a few properties where back taxes are owed. My question is, how do I write the offers? For example, if a house comes along where 5K in back taxes are o...
Christopher Davis
My first investment! Good or Bad?
Good afternoon ya'll and Go Cardinals! Please let me know what you think about this deal. This is my first investment purchase and I would be living in it. I'm running my numbers without me living in it. I would love ...
Dennis Nikolaev
Disasters on Refinancing "R" of BRRR
The glitch of REFI seams to be the most common problem in multifamily BRRR.
Imagine obtaining hard money and then not being able to pull out the equity from a repositioned project! Or grossly overestimating the After...
Patricia Mclean
Can't sell contract need advice
Put a property under contract for 85k. The intent was to sell contract to an investor or to a first time buyer. Property needs some minor fix up (10k) mostly cosmetic no major repairs. I'm getting lots of tire kickers...
Tyler Howell
BRRR experience in Denver?
Considering using hard money or partner to get into a BRRR in greater Denver. Anyone in the game now and want to share experience?
Edouard Pierre
Gang/drug infested area purchase
I went through this great building that needs minimal work (sub $10k)...only issue is when you drive up to the front of the building the street is filled with people just "hanging around". This is a small pocket in an...
Carol Donaldson
Best advice to new investors
All,
If you are new to real estate investing, or have had some difficulties in getting started, I stronger recommend two things.
One is to listen to the BiggerPockets podcasts, go back and search through the o...
Jack Srimani
What documents to ask for analysis
Hi,
I am in the process of analyzing a potentail investment of 4 unit rental. The place seems to be decent. The rental income and expense seems to be favorable. Howevever I am not sure whether the figures are correct....
Eric M.
Article on Short Sales "Borrowers Losing Their Homes Are Staying in Them Longer"
Interesting article from Managing REO. Requires free registration.
Interesting quote from article
"“I think everybody overestimated the borrower’s desire to do a short sale versus living for free until a foreclos...
Lyle Silverman
[Calc Review] Help me analyze this deal
First post. Looking for extra eyes to analyze these numbers. It's my first rental on my own and this is my first time using BP calculators. I did past analysis with a mortgage calculator app and excel so I'm curiou...