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I am tired of wholesalers that exaggerate ARV in their listings. Living in South Florida, I feel like pretty much all of them put unrealistic ARV in their emails as there is no accountability. Should I not expect any...
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To the group: As more and more "deals" cross my desk and I perform underwriting, I find that the vast majority of these deals are simply overpriced offerings - even in lousy locations, Cap Rates are around 3-4%. Mos...
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Aloha everyone! I'm new to BP. I have been working as a Registered Nurse for 5 years at a hospital and my wife is a social worker for an insurance company who works mostly from home. If there is one thing I realized s...
Hello Fellow BPers,Just need some reassurance, constructive criticism, or to be told I'm an idiot.Currently I own 2 rental properties, here are the breakdowns,3Bd, 1 Ba Located in Ogden Utah:Market Value 320kAmount le...
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Hello is it possible to sell something online and use a credit card to buy that item for myself and then use that cash to transfer into my bank to buy a house? Because i have 20k credit limit and would like to turn...
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What’re some opinions on the state of the current real estate market? I know the market in many places is very hot currently and continues to rise. Do you foresee another housing bubble or crash? How does this effect ...
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Many people are waiting on the sideline, letting their capital ride where it is. The consequences of this inaction depend on where the money is parked. One of the big factors is inflation.
What is the impact if you l...
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Prepare yourself: this is a long post. I wrote this post for any newbies and for anyone with questions about the BRRRR process. I also wrote this to let you know about me and my process. Born and raised in Chicago Ill...
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Mine is foreclosure filings and REO sales.Let me explain.In 2007, I was working on 20 shortsales and a business partner of mine was working on about 40 shortsale cases. None of the shortsales were accepted. This was u...
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Hello everyone,I'm thinking of purchasing my first property ever (other than my primary residence), but not sure if it's a good deal. This is a 1984 duplex, 5/4, located in a class B neighborhood within walking dista...