Chris Pasternak
Full time agent part time investor... Help!
Hi guys, I'm looking for some feedback here on my situation in a nutshell.. I'm a full-time agent by happenstance because I got my license to aid my investment business in order to view my own properties and utilize t...
Adam Azam
What to do with a poorly purchased, nightmare-only duplex?
With some of my wins, came a big loss with a duplex I purchased last year. I bought it over market for $175k. I found out that an almost identical duplex next to mine is getting offers at $165k. So, I would be taking ...
Philip Feinstein
Wholesaling In Illinois
Hey All,I’m a new investor looking to build up capital by wholesaling. I currently live in Illinois, Illinoisans that are not agents/brokers are only able to wholesale one property per year. Thought about wholesaling ...
Jack Anderson
Questions on depreciation and showing material participation
I know these are fairly common topics and I've done a lot a research on them but there are some points to my specific situation that I'd appreciate insight into.Background:In Early 2021 my wife and I bought a property...
Jordan Solomon
Does Postcard Design Really Matter?
I'm sure all of us have seen courses by gurus with one of the selling points being the inclusion of a postcard that gets some kind of astronomical response rate. Likewise, I'm sure we've all seen services that say t...
Ryan Hamaker
What % should expenses be in relation to gross rents for multifam
What % should expenses be in relation to gross rents for multifamily properties. For example: While evaluating a deal, for the sake of easy math, a multifamily property has gross rents of $100,000. The Actual or Pr...
Kevin Powell
Give me your Highest and Best . . . Help!
So my wife and I are looking at our first deal and could use some input. List price is 76,400; AVR is $140,000. House is clean and in need of very little repairs. Max $5,000. Small kitchen needs caninets and coun...
Eric Renney
Buying a home with mortgage but is past statute of limitations.
Here is my situation, I did a mail out and got a guy to call me about his home. He is wanting to sell it but the property still has the original mortgage on it. He estimates at about $250,000. The lender started the f...
Kathy Diamond
Looking for counties that meet the 1% rule
Hi all,I'm hoping the title is catchy enough: I'm looking for median home price to rent ratio by county to find markets that meet the 1% rule. Any pointers where I can find that?Kathy
Georges A.
Case Study with real numbers. To invest or not to invest, that is the question
Hey guys, I am a new REI looking to invest in my first out of state investment property. Been on the BP forums for a few months trying to grasp as much as I can and over a year now doing daily research about real...