Robert Neal
What is the #1 thing you look for in an investment property?
Good afternoon y'all,
Genuinely curious, what is the dominating factor that you look for in a piece of investment real estate?
I am in San Antonio and just like anywhere else, no investor nor piece of property is a...
Mark Maire
Wholesale Process
Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
TJ Thompson
Partnering on a flip
I'm planning to partner with a local REI on a home flip. As we've worked it out so far, here's how it stands t play out:
1. She found the house, presented the comps, and proposed the repairs which I've agreed to.
2....
Michael Barger
Investing/Life Advice Needed
Hello, This is my first post on this site and I really need some advice from people that are in the real estate investing life now. I'm 18 and live in Cincinnati Ohio. I am just about to finish my first semester in co...
Derek Olmschenk
Financing a LLC in Minnesota
Hello BP community! I am just starting out my real estate investing journey and need help with recommendations for financing. My plan is to use a LLC to own a rental property. From my understanding (and please correct...
Christian Bors
New lead motivated seller, I need short sell advice
Hello,A lead came in today from a gentlemen who wants to sell his house immediately. I went out to the property this afternoon, and I would classify him as extremely motivated (aka he offered me the keys). The probl...
Gwen Trotter
HELP!!! My RE Attry Said No!
I could really use some advice/help ASAP. I only have till Aug 6th to seal this deal.
I have my 1st deal on the table and called my attorney to ask if he would look over the "Assignment of Contract" before...
Ram Srinivasan
Land Contract Distressed Sellers
Hi BPers,
Here is a question that I am not sure has been asked yet
I recently found a distressed seller who are in the middle of divorce and have agreed to sell their house at a reduced price and via a land contrac...
Jason Pachomski
Tell me why this is a bad idea
Disclaimer: I'm still pretty new to all this...So, I've been reading up on HUD and how the properties that it sells work for investors. I had a thought that seems pretty simple (which makes me immediately think that I...
Travis Silva
Keeping a rental with negative cashflow but positive equity
Hey All - New to the forum here and need some opinions from investors who rent single family properties.
We are planning on up sizing/building a house soon, and we are trying to figure out what to do with our current...