Hi, Hopefully we can have a good chat on Jan 24th. I set a time on BP Chat at 4pm to 6 pm EST. I had set it up to role play as an investor willing to loan money to the newbies, if they could talk me into it. They stat...
I have been in the real estate investing/development field for over 20 years. I am a California licensed real estate broker. I represent numerous investors that invest in pre-development properties throughout the Unit...
“Hold steady” is a mindset issue more than anything.
The world won’t accommodate you, so you’ll need some systems to enjoy the good times and weather the bad ones.
Growing up, my family always placed an emphasis on ...
I’ve been flipping houses in the Indianapolis area while playing basketball overseas for about 18 months now and I’m extremely nervous about how to grow the business. Other than the contractors, I don’t know what the ...
There is a foreclosed property I've been watching that is owned by "Secretary of Veterans Affairs". I assume that means someone defaulted on a VA loan ?It has been on the market a while and the price recently dropped...
My parents built a home in 1999. It's appraised at 430k. They have been battling foreclosure for well over 5 years. Just barely scrapping by to keep the loan current the best they possibly can.They owe $141k on the fi...
Hello BP,
Which of the following is better investment play for first-time investor based on current market conditions and that cashflows (8-12+%) per year?
1) Turn-key properties including new builds
2) Multi Famil...
What are the biggest challenges people face when underwriting a deal? Is it to find and support your deal inputs (i.e. market data, lending terms, operating expense budget, etc.)? The nuts and bolts of putting togethe...
I am looking at purchasing a house via online auction. It states the seller will "pay delinquent property taxes and any delinquent HOA assessments in accordance with the applicable Purchase Sale Agreement."
It also h...
Hey everyone! I’m looking at a few off market deals one of which being a broken condo complex.
For example..the property has 3 or 4 condos individually owned within another 50+ units that I’m looking to acquire. Brok...