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Hey everyone,Should I obtain a license in my state for Real Estate? Does this create a conflict of interest? Have you heard of a contractors license being useful to anyone to cut out a middle man? I know someone in mo...
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When going into a home with intention of wholesaling, what type of information should I already have before meeting with seller, and what questions will I need to have answered by my seller before end of meeting?
I have been listening to some of the podcasts, and I've stumbled upon this financing option through private lenders. I want to know if I understand this correct so please chime in if either I'm correct or if I'm missi...
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Last week, I had a call that I was totally unprepared for. I didn’t know the details about a project we’re working on, and it showed.
Lesson learned: Always prepare thoroughly before each call and be ready for unexpe...
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Surprisingly I wasn't nervous at all. It was a lot scarier in my mind than in reality. I offered $70k for vacant rental property with two buildings (four units) within walking distance to our state university, $348k A...
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Hi all, There's a 125 year old MF property that I have my eye on, but it needs upgrades (roofing, electrical is very old, mechanical is ad hoc, asbestos mitigation, etc.). I'd also like to split a unit and add a unit ...
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I’m about to be in the process of refinancing multiple properties due to a recent divorce. I’m planning on taking out a HELOC, as well as pulling out the equity from the other properties. I have a very high paying si...
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I met with the sellers of a small apartment complex in the 10-20 unit range this morning. The NOI for 2012 was $10k below what their loan payments were for the year. I feel like I could negotiate a no-money down la...
Hi All,Wanted to introduce myself to the BP community-- I've been a longtime lurker here but have only recently started posting, and have been amazed by the wealth of information to be found!A bit about me: I'm an eng...
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Recently me and my partner decided to dig into multifamily real estate because we think the advantages and leverage it provides, is more tailored to what we wish to accomplish. Then more specifically, we decided that ...