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Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
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I was @ a local RE meeting today talking about tenant evictions. Perhaps you have read that having rentals in areas of higher income is beneficial vs. slum lording. The process control at this meeting said he seen NO ...
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I was wondering if someone could go through and explain the entire closing process when buying a house. For instance, who is involved? What role does a title company play? What exactly is escrow, and earnest money? Fr...
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Hey there BP.I recently came across a foreclosure in my area and was able to do a search and found the name of the people who were previously living there. With the use of the handy dandy internet I was able to get i...
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Just seeing if some of the experienced BP members who manage SFR rentals could walk me through their process of advertising, showing, screening, and selecting rental applicants.
I'm just finishing the rehab on my ne...
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Hello I'm new to wholesaling, and I'm trying to understand the process. Correct me if I am wrong, my understanding of how the wholesaling process works is you find a motivated seller, evaluate the property to see if i...
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I have recently been interested in becoming a notary. Would becoming a notary be a positive way to advance my career in real estate?
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I have amassed a mix of flip project and rentals over the past several years, all while maintaining my fulltime employment - it is not easy working 7 days a week. I am now taking on two more rentals and two new flips...
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Newbie here, trying to get this closing process down. Where do you meet to do a closing, is it at the title agency, a courthouse that all 3 parties meet? What exactly do the title person do at the closing? What exactl...
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hello,
I live near Baltimore and just starting my career in real estate. I'm looking for multi family homes and foreclosure homes but I wants to ask that if I'm managing my own property, how troublesome is ev...