So here's the scoop a four unit with rent at $425 for a total of $1700 a month, asking $124,000.( owner pays water)It took a couple of weeks to get the cash flow report. So after looking at it the numbers, I had some ...

Hi all, I put an offer of 185K for a house listed at 199K. My plan is to do STR.  The house is recently back on the market due to some job issues the last potential owner ran into.  The last offer that was accepted wa...

Hello BP! I've been thinking through ways to help beef up my cash reserves to purchase my 1st flip, and have been seriously considering opening a HELOC. Since you obviously don't pay anything (other than smallish pape...

For anyone operating Self Storage facilities... what % of NOI do you see coming from the collection of late fees?  Trying to figure out a good ballpark number to use for a pro forma.  

Hi guys! I have a quick question. I'm on ListSource customizing a list, and under the Foreclosure tab it's giving me the option to select either pre-foreclosures, pending auction sales, and bank owned.
I'm a newbie w...

Hello, So my wife and I are looking at moving to a new home in the spring (figuring prices would go down and we also are going to do some work to our home over the winter.) The house currently appraises as $80000 and ...

Hello, my name is Tinah. I am brand new in real estate investing and I need some guidance over a property that I am analyzing. It's a three-family that according to my real estate agent will sell at 515k to 520K. It w...

What happens if you make 4 offers and all are accepted... You are making 4 offers in hopes of getting one property? Are you stuck with all 4 or can you get out of the 3 you don't want??

For those of you focused on building buy and hold portfolios, what kind of techniques do you use to help you keep your eye on the ball and not bail out for short term gains or worse, letting yourself get LAZY? Curre...

When doing a lease assignment do you get the end buyer to give a security deposit first AND last months rent along with the option to purchase fee ?? Or does some of my option consideration fee go to the landlord as t...