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Hey BP Community,With a little under 20 hours left of classes for my real estate salesperson license, I'm beginning to consider options for a brokerage post-licensure.Ideally, I'd like to work with a broker that speci...
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Can you simply make an offer to the bank on an REO as a Wholesaler that is planning to flip the contract? If you do, what contracts are used with the bank? Do they sign my Purchase and Sale agreement with all of my "o...
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I am interested in an owner financed deal. The property is a 5-plex in Ohio. For sale for 60,000 with rents of roughly 1,400 a month. Owner willing to finance for 5 years with 25% down. So with the payment to the own...
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Hey BPers,
I've been chatting with an investor friend of mine who is learning the process of wholesaling notes. I love this concept because I understand wholesaling and note investing is a path I know I want ...
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I was looking at the MLS today and thought of something interesting. What if I offered a lease-option to those houses that have been on the market for a long time (at least 90 days)? I fell like those sellers have a...
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I just got this text from one of my tenants. They have decent (not great) credit, have always taken ownership in the property (maybe now I know why?), and never been late on their payments. They're fully-employed, a...
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I'm a free-market person, but if the autos go under, we'll have millions of more people without work. Do you guys think we need a bailout or maybe some of you have some other ideas?
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My rental has a no-pet policy. Mainly because the septic field of the house was just repaired and its all dirt, an animal can really destroy it fast. Its seriously costly and if its destroyed now I really wouldn't hav...
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It seems to me that the public at large as well as investors are unaware of the BOOM that is happening due to gas exploration! I think that everyone will agree that in our field we keep our eyes and minds open at all...
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I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the...