Nick Paris
Deposit on MLS offer
Hey guys!
Quick question, I'm a wholesaler and have just started tapping into distress properties on the MLS. My question is I'm using a 3k earnest money for a deposit, if i decided not to move foward for whatever r...
Kevin S.
Owner Carry Foreclosure - Assumption of Loan?
Hello folks, first time posted here - been here on BP for a few years now. I came across a property where the buyer is in foreclosure (NOD) as of a few weeks ago in CA; purchased it some years ago. I've requested a ...
Alicia Ayers
Single Family House won auction
So I’m nervous about investing in this SFH. I don’t want to spend more on it than it’s worth. I won it in an auction completely remodeled at $173k but the comps in the area are like $150k. I don’t know what I should do.
Megan McCrea
Real Estate Professional
Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone wo...
Christopher Suh
Figures you use for the Rental Calculator?
Hello BP community,I just recently joined the site and have to say I've been learning a lot from all your posts and excited to meet some fellow like minded people. I just had a question regarding how some of you ente...
Caleb Smith
Legal Zoom Compliance and Protection
In the past year I have set up 4 different LLCs using LegalZoom.I found it to be fairly easy to set up and it has worked out so far.However, I recently read a book that mentioned LegalZoom has had instances where some...
Dustin Verley
Inspection Advice for New Wholesalers
In the process of learning as much as I can about wholesaling before my first deal, I've researched the est. for inspections and found that they can be a little costly. Of course, the value they provide can be great f...
Mindy Jensen
Marketplace Now Searchable By Location
You've asked to be able to sort the Marketplace out by location. Now you can!Go to the Marketplace main page and click Add a Filter.When you add a filter, a window pops up, asking you to Filter by Post Type or Filter ...
David McEwan
What determines a "GO"?
Hey BP family, Just a few questions I'm running into in my over priced south Florida market.What determines if a property is actually a good investment? 1-2% rule, Cap, etc?What if it doesn't make the 1-2% rule but ha...
Jason Malabute
REPAIRS OF RENTAL PROPERTY DURING ANALYSIS
I'm reading the book on repairs and rehabbing that is recommended by BP. I am not done with the book yet but noticed that estimating repair cost is a detailed and time consuming process. Is there a faster, but accurat...