I got a call today about a tri-plex in Ft. Worth. These are the numbers the "finder" is giving me:
Investor price: $105K
Repairs: $30,000
ARV: $165K
4/2 rents: $900/mo
two 2/1's rents: $600/mo each

What seems fishy t...

So, my marketing has paid off I got my first off-market wholesale lead. They are far behind (6 months) on their payments and facing potential foreclosure. Nothing official has begun but time is of the essence. The loa...

Hello,  I am trying to transfer over from owning SFR's to investing in MHP's.  I have been reading on this forum and people mention different formulas for evaluating what a MHP is worth.  So, what are the formulas I s...

Hi BP,

I'm a relatively new wholesaler (started about 1 1/2 ago) and get leads from other parts of the country sometimes. One came in the other day from Birmingham, AL and I have an idea how to handle it but ...

Hi,

I bought this house built in 1948 and don't remember if the seller provided the lead paint disclosure. So I don't know if there is lead paint or not.

The house has tenant now what should I do now if...

Hello all! I am a managing member of a multi-member LLC that currently invests in SFHs using a BRRR strategy. We are early in our business life but also have full time jobs that we are contractually tied to long term,...

Hi all, I am looking to invest in Akron, OH. I am looking in the zipcode 44314 which is Kenmore. I had a few questions and would like to know from people around the area:
1. Akron has a decreasing population. Is this...

Hello Everyone,I'm new to REI but I've lurked here and done pro-formas on buildings for fun for a couple years. I started shopping last winter and right out of the gate found an honest, knowledgeable realtor. Next cam...

I am in need of a telemarketer to call on distressed sellers, prefect opportunity for someone who wants to learn the business and earn while you learn, or someone who knows the business and would like to work on more ...

Hi BPer,I am in the process of closing a 6-Unit multifamily. I would like to seek your opinion on the following scenario:The seller won't share any tenant information with me, except the name of each tenant for all 6-...