Hi there,Attended my first auction today to watch and it was an interesting experience! I was pleased to see there are still deals to be found in hot markets like Phoenix. Though..I left with several questions.On the ...

Earlier this month (February 2018), my company closed on a 400+ unit apartment community, which put our portfolio at over $510,000,000 worth of apartment communities across nearly 6,000 units.After closing on each dea...

To be honest, I was given a leg up in life by my mom when she told me that she had an account with $20,000 that was set aside for my college education. With that money I was able to get a bachelors degree which led me...

What practices are considered dishonest when wholesaling?  I have a deal that I have been working on from a wholesalers that the numbers seem to line up a little to well.  My gut is telling me no, but I think it may j...

Hi, my banker said - We are needing a minimum extra $20k in cash flow in order for this to debt service at 1.25x, which is the industry standard lowest it can be to approve loans, your's now is .98x.  Is it possible t...

So I'm going through escrow right now and realized I'm pretty sure I'm overpaying for the closing costs. I'm being charged $9,071 and through research, it says that it's usually $3.5-7.5k. The house was $90k. Is this ...

It seems that about 95% of the Short Sales that I pick up are occupied properties. It is usually not occupied by the owners or their family. I’m from Queens and in the recent years I have come to find out that this is...

Hello all,My business partner and I are looking for a rehab budget template that we can use to provide to contractors when they are submitting bids for our flips. Can someone share their template? Currently, we are on...

We were recently asked at a local REIA how much we spend on our marketing budget to generate seller leads due to the fact we are able to bring in so many off-market deals each week.  When I answered "little to none" t...

Hello everyone,I am looking for a Management Company in the Detroit metro area. We are submitting some offers in order to get (with a partner) my first rental property.We both live in Southern California so we are out...