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Results (10000)
Reggie Youngblood Wholesaling Multifamily Units
14 September 2012 | 2 replies

I have a lead on a vacant quadplex, but was wondering do I follow the same procedure as wholesaling a SFR? Also, can someone explain GOI, NOI, and cap rate?

Eric S. Seller to apply 10k credit to closing instead of reducing price
16 April 2016 | 9 replies

I am currently in contract for 2 unit at 300k with 4k closing costs. . Each unit rents out for $1550 currently. Taxes are $3300 a year. Everything is good appraisal came back good. Only thing we are going back and for...

Kris Haskins Auction.com, how can the site automatically bid against me??
30 July 2016 | 20 replies

Ok, so auction.com says- and I quote.....  "ADC may counter bid on behalf of Seller on any Property up to the amount of the Reserve Price"     How is that legal, isn't that like a realtor saying they have other offers...

Jeremy Marek Denying a tenant vs not selecting a tenant
23 June 2018 | 13 replies

Is not selecting an applicant for a given unit, but keeping their application open in case of other vacancies (for example the application would stay valid for 30 days), the same as a denial?

Javier G. Loan officer asking why I am downgrading?
6 September 2018 | 8 replies

Hi BP friends!                                               I will appreciate some feedback on the following scenario: I applied for a loan with my bank to buy a townhouse (asking 185k) which will be my primary resid...

BOB CRANEY Best practices in qualifying unrelated/Unmarried prospects
28 April 2019 | 7 replies

I have a really nice 2BR/1BA apartment in one side of a duplex that seems to be attracting a disproportionate qty of calls from prospects who are roommates/friends or a BF/GF and another friend. In almost all these ca...

Mike Makkar Taking a CoC 50% plus return in a self-directed IRA?
4 March 2016 | 4 replies

Hi BP experts,Everybody knows the advantages of self-directed IRA's as opposed to the ones we get from Fidelity/JP Morgan Chase/Merrill Lynch etc. Ability to control our own destiny with our own investments, etc. etc....

Christopher Hand Plumbing Invoices From Property Manager
20 October 2020 | 6 replies

I just received 3 different plumbing invoices from my property manager from three different vendors for the same property.  The first invoice was on 9/30/2020 and had a description of "home owner was getting water ham...

Devon Locust Tenant occupied properties
12 May 2019 | 6 replies

Hi all, I just recently got an offer accepted on a duplex in Michigan. The property is 100% tenant occupied and  I have reviewed the current lease agreements and payment history of both tenants. Are there any potentia...

Andrii Sazhnev Can you wholesale in IL without a brokers license?
14 May 2024 | 8 replies

Hey, I am interested in starting wholesaling in IL and found out that there is a law "preventing" wholesalers from doing business without a broker's license. Now I did some research and everyone has their  explanation...