I'm considering starting a serious wholesaling campaign shortly, but I'm starting to get the feeling that the wholesaling market is a bit over saturated. I'm in Southeast Michigan (Detroit area) and am on multiple who...
Can anyone explain to my why it's so important to worry about cash flow or cash on cash ROI when you have a property with an excellent cap rate? Why should the initial returns matter so much to buy and hold investors?...
Hi BP!I'm curious about your thoughts/recommendations here...I have a 2 bedroom unit with two tenants with declining health. I mention this only to say they are relatively high maintenance. I'm averaging at least 1 c...
Hello BP,I'm new to all of this but I'm looking to jump in. I've always had the itch to do real estate and now I believe its calling me but just need to get started. I appreciate all the help and advice any of you cou...
How does do it typically take to get your appraisal back and how did you respond to it if it was unfavorable(more than 10% off a private appraiser)?Context, I got a private appraisal(favorable) and it was back within ...
Background: I am in the process of buying a business. The business purchase will be funded by an SBA loan and is in the same industry that I already own another business. I am very comfortable operating in this space ...
What's up, everyone, I'm a complete novice who has been bitten by the real estate bug, igniting a serious interest in this business. I've been reading, analyzing properties, listening to podcasts, and talking to peopl...
I have two approved applicants for my property and i have required a double security deposit (two month's rent, totaling $3,800.00) due to lack of rental history and one of them having some delinquent credit history. ...
Hi BP Community,I really hate to use this forum for 'tenant advice/complaining', but I need your help please. I tried to do some research, but information remains ambiguous based on my research.We recently moved out o...
This is a deal with a friend. Confused how to structure the deal so it's fair for both of us. Or if it's better to BRRRR or Flip
He would either help with rehab or simply lend money at interest.
SFR 3 bed/1ba
Purch...