Benjamin Allen
LOW-BALL OFFER, Should I brother and what's my threshold?
I've had my eye on a certain property for a few months now, I would have to raise a little rents that are current, but ultimately I should get around 45% cash on cash return. The assessed value is around 125,000 for a...
Omar Johnson
Developing Your Superior Mindset As A Real Estate Investor
Your Mindset Will Determine Your Success As A Real Estate Investor. What your beliefs are and the way you think are the two defining factors that will determine whether or not you will have success as real estate inve...
Lawrence Smith
BUYING WHOLESALED PROPERTIES OR AUCTIONED PROPERTIES
OK, so I am a fairly new investor from Washington, DC an I am realizing that most of the worthwhile deals in the city are auctioned properties or wholesaled deals which require "ALL CASH" offers. Since I am fairly ne...
Michael Pazirandeh
Negotiation Strategies in Real Estate
Hello all! I'm currently reading one of the suggested business books in the podcast titled "Trump Style Negotiation" by George H. Ross. The author says you need to understand the other side and its needs. Here's an ex...
Tim Kane
Recent Low Appraisals
hey HP,Washington DC, Virginia, Maryland REI here. My fix and flip properties have been appraising consistently low recently. My Renovated properties have been going under contract fast, but when its time for appraisa...
Chad M.
Property overwhelm / analysis paralysis - BRRRR
Hello community, I wanted to run a strategy by you for BRRRR in my area. I live in Downers Grove, and am seeking BRRRR SFH in that area as well as a few other similar Dupage County western Chicago suburbs. I'm at the...
Daniel Pitner
Help Submitting Offers
Hi guys, Over the past few weeks, I have been reaching out to property owners and submitting offers on properties. My goal is to do 3/day and by next month raise that to 5/day. I have a few questions that I've been th...
Jody Rouse
is MLS overpriced?
I found my last deal through my agents MLS list. We negotiated down quite a bit and got the refi on the house at higher value 6 months later. In the next year I am looking to find my next deal and I am not too confi...
Brett O
What do you think about this deal?
I'm looking at a single family house that will rent for $550 per month. House is listed at $25,000. 3 bed 1.5 bath 1300 sq. ft.
If I pay the asking price and get a 30 year fixed @ 7% with 20% down, I'm looking at a...
David Switzer
Question on Cap Rates
I understand that Cap Rates are not a set number in an area/property, and they depend on many factors. So here's my question:How do you strike a balance between higher cash flow vs building value? Example:----------...