Meryl McElwain
Wholesaling-how exactly does it work?
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
Alex Kehaya
Why not low ball when you know the seller is motivated?
I've done a few BRRR investments and my strategy is to buy at 75% of the AVR including closing costs and repairs. I'm looking at a deal where the seller is motivated due to a 1031 exchange. I told my agent I wanted to...
Julie Gates
Are real estate agents allowed to mislead buyers about a 2nd bid?
I'm in Coastal Georgia. I have friends staying with me who moved here and needed to buy a house. The husband told me that when they put an offer in on the house they want, the selling agent stated that there might be ...
Nick B.
50% of the house for sale! What's there for an investor?
Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
Katrina Nicole-Ivy
I won two online Baltimore Foreclosure Sale but I bid too high!
Today I won two separate auctions for two foreclosed properties in Baltimore, Maryland. One for $12,100 and the other for $18,700. They both need work as well. To top it off Im using personal loans to pay for them. I ...
John Arendsen
Investing in Marijuana dispensary properties and related biz's?
I know I might be opening up a real can of something on this thread but I need to get some advice from some commercial RE investors if possible. I recently ran across a rather unique biz op. I have a client that's bee...
Joseph Cornwell
0-14 Doors in 16 Months!
I hope this post will help inspire new investors to keep pushing everyday until they reach their goals. I owe a lot of my success to the BP community and I hope to give back as much as I have received!
Three years a...
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
Mindy Jensen
Analyzing Deals: How Can We Help?
What is your biggest problem/mistake/confusion when analyzing a deal?
Caroline Hedin
40 E-mails, 5 RSVP's, 0 Actually Show
We FINALLY listed both of our houses for rent and received an insane amount of interest. I have responded to more than 40 e-mails. Due to the interest, we decided to hold an open house for each of the properties. T...