In the last month or so I’ve received tenant applicants that would like to supply their own credit reports? I have always ran their credit report and charged them. I use my own company that I work with. I hate to los...
If real estate agents ever discovered how wholesalers make their money, would they still bother becoming or remain agents? I know we are not suppose to let realtors get wind of how wholesalers buy and sell properties ...
The CARES act ends on June 21, 2021. Federally backed loans (FHA, VA) will resume payments and I’m sure many borrowers will default. Are we on the precipice of serious opportunity? Short sales, foreclosures? What stra...
As a property manager I'm familiar with many trends in fees/revenue generating practices that property managers charge. Some of these practices do not align the property manager and property owner's interest. For exam...
I keep getting outbid on home offers I’m making on single family homes. HOW MUCH OVER ASKING PRICE DO I NEED TO OFFER?I’m looking in the Tyler, Texas area, doing a conventional loan.I offered day of, full asking price...
Hello fellow BPers!Now, I know we’re all young at heart. But I’m specifically looking for those under the age of 35 to answer these questions. Feel free if you’re older to answer these questions too because honestly,...
I am new to real estate investing. So please forgive any wording that is incorrect in this post. But, a lot of people I have talked to say to stay away from property managers and mange the properties yourself. Yet on ...
When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
I've always been interested in real estate but I never had the capital to even think about it until recently. Some of the information I've read seems to indicate that the market is very competitive at this moment. Als...