good morning to you all,I had a very educational and inspiring meeting yesterday and would like some feedback a a few questions on wholesaling. Question #1: how long should I wholesale before jumping into flipping and...
Hello, I am quite green to RE investing and I am looking to expand further. Brief background I own my primary home in MA and a Vacation/STR in Vermont near ski resorts. I was able to finance the VT home with a low i...
Two life lessons I am constantly reminded of when I am wholesaling is to (1) not count your chickens before they hatch and to (2) not put all of your eggs in one basket. When you are selling off market properties, e...
I found an end unit town home, that is in need of a total rehab (it just hit the market this week). It had a pipe burst (already repaired, so they say) in the 2nd floor bathroom and there is mold, more than likely...
After asking 50+ investors in my area, one finally agreed to seller financingHere it is: 12 Unit Complex in a good size city (population 65,000+). I'm only interested in long term multi-family rentals.Owner said he wo...
Hello BP! I am a new member from NYC. My name is Michael Tranzilli. I have always been interested in REI and have finally made the decision to take action. The only prior RE experience I have is managing a few...
Be carefully when using Hard Money Lenders! Make sure you understand their loan requirements, such as the need to send their inspection team out to the property. Do not write a "cash offer" with no contingencies. If ...
Hello! New investor here of 5 months! Purchased a duplex with two great tenants. One lease is up in September so I’ll have my first turnover that I’ll be dealing with. The unit is in good shape I’ll just make sure aft...
I came across a builder who will be building in a high demand town near Boston. He needs an equity partner and will pay 50% return. I do not personally know the builder (I know him through a friend who knows him th...
Hello, I have a general question about financing my next BRRRR. Is there a general rule for how much money to leave in a BRRRR? What are the things I should consider? Is it always best to take out everything you put i...