Account Closed
Regret accepting offer with owner carry in 2nd position
After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...
David Dachtera
New Investors: Get Educated or not?
Hello! David Dachtera here.This post is going to be a bit unpopular on Bigger Pockets because it's about education - Real Estate Investing education. The site as a whole has rather a strong sentiment against paying fo...
Christopher Langan
Figuring out wholesale prices to give homeowners
So Im going to assume this has been asked a million times, but I was just struggling to figure out the ARV and the costs.I have knowledge on what and how much X should cost and stuff, but when people explain calculat...
John Fedro
How many individual mobile homes can you "buy/sell" per year before getting a MH retailers license? (Find out here)
Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Account Closed
For The Love of Pete Don't Syndicate your First Deal!
There has been a lot of activity in the forums about newbies syndicating real estate. I feel like someone needs to be a voice of reason here. Look, I get it. The allure of doing big deals and taking big fees for buyin...
Uriel Gonzalez
Cirumvent the 90 day Fannie Mae deed restriction
I have heard you can accomplish this with a Trust. But how do you make a trust? Now considering I get an REO under contract and plan on wholesaling it and at what point of the transaction do you make it? Before lockin...
Frank Greg
GC: Average Total Labor Cost on New Build
Question for the GC's out there... in markets such as Charlotte, Nashville, New Orleans, Orlando etc (Southeast), what would most GC's quote as a ballpark estimate for total labor cost (if owner is supplying all build...
Alex U.
Rates in the 8's
With 30 yr fixed rates close to the 8's, are we finally going to see a pullback in demand in San diego? That coupled with seasonality.
Account Closed
Trump/CDC Halts evictions nationwide to the end of the year
Trump and the CDC are using public health authority to halt residential evictions for nonpayment through the end of 2020:
https://www.cnbc.com/2020/09/01/trump-administration-moves-to-halt-evictions-during-coronaviru...