Richard Lincoln
Cheapest way to "refinance" 1st in subject-to transactions?
I buy lots of second mortgages and occasionally foreclose on the properties. I end up getting title to the properties subject-to the 1st mortgages. Well, then I get in to a pickle because sometimes I'd like to keep th...
Scott S.
Commercial property with 2 apartments upstairs.
Hey guys. I was wondering if I can get your advice on a possible deal. I was speaking to one of my customers today (I sell cars) and I mentioned that I'm Interested in buying a rental property (like a multi family hom...
Kyle D.
Hotel investments
I was looking at the hospitality indistry today. A holiday inn express in a good vacation area makes about a $1,000,000 after debt service. Any you can get the place for $10-12 million. Is anyone involved in the hospi...
Kendra Wray
My First Mailing and Only 4 Responses
I recently sent out my first batch of 1100+ Yellow Letters to begin my wholesaling business. I have only received 4 phone calls and only 2 of those left messages. It's been about 4 days since most people should've ...
Account Closed
When are carbon monoxide detectors needed?
Those carbon monoxide/smoke detectors seem to be more prone to problems than a plain smoke detector. I had one way high in the loft that kept chirping even when the battery was replaced. Does anyone know when a c...
Nick Rose
It's not possible to get a decent ROI with a cap rate <10%
Ok, I suppose it is possible - I'm just hoping to get some experienced investors' take! I do have capital that I'd like to put to use in an apartment building in the roughly 400K-700K range, however I can't seem to m...
Jim Peckey
Requesting help with screening our first tenant!
Hi BP,
As
rookie landlords, we've recently listed our first unit for rent @ $850 per month - an upper 1bed/1bath apt in a duplex that we owner occupy & currently live in the lower unit. We're hoping to get so...
David D.
Using a predictive model to find undervalued properties.
I am curious if anyone has employed the simple strategy I was thinking of for investing in any kind of property:1. Use something like ATTOM API to get historical sales snapshots, or just all the historical sales of th...
Account Closed
Currency play RE investing in markets like Brazil
With countries like Brazil experiencing an almost $6 Real to $1 US dollar exchange rate due to Covid, not to mention the drop in prices RE due to Covid, properties are looking very attractive. I see great opportuniti...
Russell Gronsky
Syndicators love the IRR
Why do syndicators focus so hard on IRR? If you have a specific return you are targeting, wouldn't PV be a better metric to calculate?