Quincy Knighten
I finally decided to get my license
Hi to anyone that decides to take a look at this post. I wanted to ask for some advice from some professionals that are currently in the business and those that are looking to join as well. Several years ago I de...
Sara C.
Buyer wants to buy flip before completion and customize
Would love any thoughts on how to handle this situation...We are about 3 weeks from completing a flip. All the finishes are purchased and are going in soon. Our realtors—who we have a great relationship with (they fou...
Henry Clark
Self Storage- Deal 11, No Zoning?
Helping a Friend out, several states away, who wants to get into Self Storage. We identified a property for sale on line and did all of the financial analysis, education, and marketing study on line over three calls....
Steven Lebischak
When to apply the 50% Rule
While reading the Ultimate Beginners Guide I was introduced to the 50% Rule and the 70% Rule, and the 1% Rule I have heard was bumped up to 2%. I like the 70% Rule as a good guide to make sure you are getting a good d...
Stewart Wyne
Low Appraisal Stops Financing - what to do?
So I've got a residential construction project that was supposed to kick off this year. I own the land free and clear (200k value), constructions costs are $815k. I planned to use the land as the 20% down payment. I ...
William Allen
What is Wholesaling?
We are the pawnshop of real estate.
Let me explain.
When you sell to a wholesaler, there is something going on in your world that makes you sell your property for less than full price. As the seller you know going...
Nhi Nguyen
Client claims things got stolen ...
Hello everyone.
I’m working as a sub at one project with multiple phases that seems to drag forever. We have a lockbox set up as usual for the main contractor’s project manager (Saleman), his runner, and of course m...
Nichole Stohler
I finally moved to a self-directed IRA and here’s what happened
Sometimes you just need the easy button. A way to meet all your investing requirements.From someone you trust.That was me. My requirements? I needed to find a passive real estate income stream that would work withi...
Corey Dutton
Why Are Borrowers Always Shopping For a Better Hard Money Loan?
I’d like to share a story about a frustrating experience that lenders in the private money space experience all the time.
We are a private/hard money lender and we get a ton of requests from real estate investors and...
Daniel Buck
Brand spanking new and never closed a deal
Hola BP friends, I have been lurking around the BP forums and podcasts for a little bit of time now and thought no time like the present to introduce myself. This is actually my very first post of any means. I have...