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Hello all, quick question...
It seems that the standard for purchasing investment houses for rehab is to use the rule 65% of ARV, minus repair costs.
Using this formula, about what percent profit is built into the d...
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Happy Holidays BP!I am putting together my first Seller financing deal and I wanted to see what you thought of the terms. The seller and I have already discussed this a little but wanted to get some feedback before o...
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Hi dear community,
Would like yours thought on this one
I'm giving an opportunity to buy a house (will be my second investment) off market, it's a 3/2 pool home totally redone a year ago (hvac, roof, kitchen, bath...
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Hey guys! I've been a member of bigger pockets for about a year but this is my first post.
I have gained lots of knowledge from all the great forum posts that this site facilitates. I have recently started an invest...
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I've been using Stessa to manage my real estate portfolio for several years now. I've had continuous problems with my account connections breaking...it's happening at least once a day. Now, Stessa just dumped all my t...
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We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
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What is the norm with regard to option fees for feasibility and earnest money related to MF apartment deals? Regarding option fee, I think I got lucky on my last deal at $300 for 30 days. The current deal I am worki...
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I am just starting my search for my first tenants of my second rental property. My first property has been rented by family and has been a breeze. I am now moving onto a property that family won’t be living in. The to...
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Are my steps to wholesaling correct?
1. find buyer and seller
2. use option and then assign contract
a. sign option with seller
b. sign assignment contract with buyer
3. close with title company
questions
2....
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I been reading the two of the biggest mistakes of Newbies... Is Knowledge and Knowing The Market.
To increase my Knowledge I want how to Properly Analyze My Market.
How much Should I Analyze the Market and When is...