Jason Malabute
PRACTICING ANALYZING PROPERTY
Hi All,I JUST UPGRADED TO PRO!!!!I am a first time investor. I want to practice and analyze rental properties using the BP calculator. My goal is I want to master (or at least practice) analyzing duplexes so many time...
Michael K.
Financial Modeling of Renovation/Rehab Costs
You acquire a property that as a renovation/rehab play, not necessarily just for the units themselves, but also improvements to be made to building systems and exterior . . . Let's say you already know the approximate...
Ryan Blackstone
July NWA Investors Meetup!
We are very excited to be re-starting our monthly in-person investors meetings on July 14th! Go ahead and mark your calendars for this event, and remember that we will continue to meet on the 2nd Wednesday of each mon...
Justin Young
Asking for "Trailing Twelve"
Aloha BP!When looking at a possible property to invest in, sometime the pro-forma provided doesn't show accurate information. The data will show projected metrics vice true metrics. I want to know the best way to see ...
Austin Hughes
Why a Seller Went from a Hard "NO" to "Yes" w/o a Price Change
Wanted to share a quick tip with you fellow BP'ers! Here's how I got the seller to go from "Nope that won't work for me. Sorry. Maybe we can do something in the future..." to saying, "That's not bad, I'll definit...
Trent Begay
How long do you have to take the licensing exam in AZ?
Hello, I have a coworker who completed the real estate sales courses in 2013. She did it just for the credits towards a business associates degree; but now she wants the license. Is there any kind of time limitation?
Tomeka Wray
1st Short Sale
Hi BP Colleagues!!!I am analyzing a lead that I want to make my first offer on. It is a short sale, however I am not willing to pay what the seller is asking. In order for my numbers to work, I need to offer 40% less ...
Sandy Blanton
FHA Cash Out Seasoning
Mortgage pros, is the seasoning requirement six or twelve months? If the borrower is seeking to recoup purchase plus rehab funds does that change anything?
Scenario: strong borrower. He made a purchase of $125K l...
Ethan Stone
Newb from Fort Worth, Texas
My name is Ethan Stone and I am licensed real estate agent in Texas. I got my license in September of 2016 and I would say I have had relatively good success in my first half year. Throughout the process of growing my...
Lupe Cartagena
Tracking expenses on a flip
I am in the process of purchasing my first flip. I realized, I dont have a method for tracking my expenditures. Does anyone know of a good software program to track my expenses?I am purchasing a sfr. Thank you