I have a 4-unit property (all 2 BR, 1 BA), that I'll rent by the room. I'm catering primarily to Oil & Gas contractors (pipe-fitters, electricians, etc.), then to traveling nurses. Are there others that you'd re...
I'm am curious from those who have succeeded in LOs before, what were your terms? Percent of AP down? Length? Property type? I have been calling leads of properties that range from $150k-$400k and who state they are s...
I purchased a property @ $210,000 and after it's said and done, could probably sell for just under $400K w/$25K in fix up costs. The problem is, if it is sold in less than a year, I get hit hard with taxes. I know i...
I have been talking with a few mentors and keep getting told different things, go figure! My beginning strategy was to wholesale houses until I built enough capital to do some buy and holds or buy and flip/rehab. I qu...
I've been working on a difficult deal, but I just know that it should be doable. However, up to now, the seller and I can not come to terms on the price.
I think the experienced BP pros (such as yourself) could ma...
Hi,I am trying the 4 square method to analyze a property that I am in the process of renting. We paid $235,000 cash for a 2 unit office building this past summer ( 2017 ) and did a 1031 exchange. Each unit is exactly ...
We closed on our 1st investment property around Thanksgiving, and put in some elbow grease and many trips to Lowe's to get it ready to rent on Airbnb. It took a little longer than expected (they always do, don't they...
For YEARS have I been trying to make people understand the simple concept of motivated sellers.
No matter how logic, or obvious the posts, people simply can't absorb it.
What they currently know about marketing simp...
I contacted Tennessee Real Estate Commision to inquire about whether or not Wholesaling in Tennessee was legal. The lady I spoke with said that it was an illegal question that they could not answer, and told me that I...
Hello BP!I keep reading on BP and elsewhere that renting to high quality tenants is the most important risk control a landlord can have. There were a few BP blog posts on this topic with the main idea that if you want...