Britney Gaudet
coming up with offer
i have a motived seller who says his home is worth 130k but everywhere online says between 45k-63k. in the past two years hes renovated and put 70k into it. the average price for similar homes sold in the area is $69k...
Chris Seveney
Broker Price Opinions are useless
As an investor who orders a significant number of exterior inspections on properties - I wanted to get others opinion on BPO’sPrimarily I find them useless. The valuations on them appear to be completely arbitrary and...
Scott Shimala
Using the 50% rule. How often is this an overestimation? Under!
In the Ultimate Beginner’s Guide, they talk about the 50% rule. Half of all expenses come from mortgage and you should budget the same amount for repairs, maintenance, taxes, etc. I have not bought my first property y...
Cheryl P.
Need advice estimating repairs/structuring deal for Dayton, Ohio multifamily
Hi BP, I've sent out my yellow letters and the leads are coming in (yay)! That said - I wanted to get your feedback on the deal which I plan to make an offer on this afternoon/evening. My intent is to wholesale i...
Mike Nelson
Despertate need for assistance!!
I've been scrolling through my list of vacant homes in my area. I was able to track down an owner who's intrested in selling his property. (this is my first wholesale)
He mentioned that he's lost a lot of money in th...
JD Martin
Pre-paid rent - taxable in the year accepted or year applied?
Good afternoon all!Before I do my taxes, I have a unit in which one of the tenants (a college student, parent paying) prepaid their rent for the first 6 months of 2016 in late December. Should I claim the income based...
No Name
Researching Properties
What research do you guys do when researching a property you are going to wholesale?
Thanks.
Ty Wesley
free credit check??
Has anyone ever tried getting their "free credit report card" from Experian on credit.com?? If so, is it really accurate? And does it really not affect your credit score like they claim??
David Duval
Would you write "cash" or "financed"?
I have the cash to purchase most of the properties that I want to make offers on and I also have a preapproval letter from a reputable known HML that says that I have more than enough cash for their required down paym...
Rudky Martin
Asking a contractor to assess a property before submitting offer?
This is my first house purchase so I don’t have much experience. I just saw a house that needs a lot of repairs. However this house has a lot of potential due to its location. To know if it is worth buying it, I need ...