Phil Bottfeld
My first buy and hold
I purchased my first home when I turned 25, and was able to save enough money to purchase my first investment property at age 28. I purchased the condo for $88,000 and after rehabbing the property, I was able to get i...
Annie Li
Baltimore SFRs Ground Rent and Lead Free Cert
Hello BP,I'm negotiating a sales contract for a property located in 21229 area. My focus is cash flow so I accept the fact that the neighborhood is below average (but not a war zone area). The property is close to E...
Marc Caraballo
Multi-Offers & FNMA
Kind of a 2-part question, but both are concerning what I've been running up against lately while putting in offers (more-so than usual it seems).
1. Why would every offer I put it trigger a multi-offer scena...
Andrew Valdez
BRRRR Advise
1700sq ft. Duplex. It rents out for 850$ ea side = $1700 Gross ~~~~CAsh Flo of $588 p/monthThis is my first investment property. I'm 21 and super excited but extremely nervous!!I have it under contract for $150k + Clo...
Account Closed
Funny, How I met another BPer
I am a contractor and REI. I am at Home Depot every morning at 6. Either to get a quick cup of coffee or pick up supplies. Today a young woman was tailing me as I browsed the discounted tile and then the discounted...
Jesse Doyle
Purchasing foreclosures - your opinion
I have came across a foreclosure deal with an opening bid of 20k with a recent assessment value of 120k for the property. With that being said I have done some research on the pros and cons of purchasing foreclosures ...
Shera Gregory
Will this seller finance deal be a potential note for sale in the future?
I am selling a property with seller financing. I don't know how to estimate what this might be worth to sell as a note in a couple of years if the payments are made on time. Here are the details:Original loan: $28,000...
Greg Alway
Tacoma-Lakewood Washington Real Estate Agent needed.
Hi there,I have begun my direct mail campaign to the Tacoma/Lakewood area of Washington and have been in contact with a few potential sellers. I am looking for multiple Realtors in this area that will be able to meet...
Matthew Swope
Partner Gets 3% Commission, Negotiate?
I am seriously considering partnering with a seasoned real estate agent and broker who already owns multiple SF homes and a 4 plex. The goal is to build a large portfolio of multi family units with equal investment.S...
Carlos Ptriawan
Increasing buyer agent commision
Hi, I noticed if I increase listing commission into 3.5%, The home is really having good output return from a marketing perspective.However, what if I do the reverse? say increasing buyer agent comms. from 2.5% to 3.%...