General shout-out to everyone who posts here and attends meetups for tremendous impact it's had on so many investors, including myself. What a great community.In looking for my next deal I've realized my team and I w...
I am dealing with a private lender and I wired the initial security fee to him. The account manager did not bring the paperwork we signed to transfer the funds which caused a fee of $6000. So they want me to send the ...
MY FIRST INVESTMENT-DEAL OR NO DEAL!?I’m so grateful to the BP community. The many generous and knowledgeable people and resources are a blessing to a newbie like me. I was just introduced to the world of real estat...
Hello BP,
I have a homeowner who is weeks away from the foreclosure process, they haven't made a payment in a year, they have equity in the property with a couple of small liens. Currently they have a realtor and a ...
Hello BP,
I have a homeowner who is weeks away from the foreclosure process, they haven't made a payment in a year, they have equity in the property with a couple of liens. Currently they have a realtor and a offer ...
Hello BP folks! I believe in law of attraction. Last year I joined BP and included in my goal to add another property before the end of this year (2016). Last week, I received a call from my mother that she wants me t...
So to start this is a master lease and the terms are as follows.Rent paid to seller monthly: $1,500Down payment: $40,000Option to purchase property in 5 years for $175,000Or scenario 2 (whichever seller picks)Option t...
I recently contacted my property management company about picking up more properties, and they hooked me up with one of their agents. After we talked for a bit about my goals, he sent me an off-market property that he...
I cross-posted this on "Starting Out" category and haven't received much feedback. Let's try it here. When we did our flip last year I used a few sites to get the numbers and practice deals before diving in (Propelio,...
I recently made an offer of $425,000 + 8,000 Towards closing + cost of title with 5% down on a brand-new duplex that will not be completed until October 2024. This is a 3 bed/3.5 bath 2600sf (1300 sf per unit) home. S...