Account Closed
What will happen to the SFR market?
Home prices are beginning to either level off or come down depending on your area. Here in FL I'm seeing appraisals come in lower than expected.... There's volatility in the stock market which generally is the first i...
Gregg Wood
The Incredible Shrinking Real Estate Investor
Investors continue to be a big percentage of home sales although overall home sales are rather low. Big investors started pulling back from the housing market late in 2013 and steadily into 2014. But even as that tr...
Viet Hoang
How do I find GCs that will work within an investor budget?
I'm looking for a general contractor in Jersey City, NJ to do a full gut renovation for a 707 sqft rental property.How do I get "Investor Pricing" vs "Retail Pricing" from GCs? The bids I'm receiving vary wildly.Bid #...
Glenn Espinosa
Delayed closing, losing money by day!?
I am buying a quadruplex that takes in $2400 in rent a month. Original closing was set for the 12th but do to appraisal/inspection delays it has been pushed back to the 20th, maybe 21st.
The closing was pushed back ...
Urvashi Vasishtha
Political results impact the real estate industry. Yes or No?
Had an interesting discussion in the Department Heads group today where our CEO who has done more than 3000+ transactions and has an industry experience of 20+ years opined on the possibility of the election results i...
Rick Stivers
Can you reject an applicant who is unemployed?
I have a single family rental, and I advertised it on Facebook. One potential renter is a highly educated social worker who was recently impacted by a COVID-19 related layoff. When she asked if unemployment was a vali...
Kirk R.
Advice for being patient? need advice ASAP :)
I've been hunting for a deal lately planning to use my HELOC. Seems like there is more demand than there will be around the holidays. Because:$1,200 stimulus money. $2,400/couple +$500/kid+$600/week unemployment til...
Richard Vandenberg
SoCal House Flip Dairy: Step One, The Negotiation
House is on the boarder of LA and OC4 bed 3 bath 2,353 sq ft with a 6,965 lot.Step One, The NegotiationI received a call on December 2, 2014 from the son of parents that needed to sell the family home. Parents are in ...
Keith K.
Turning a friend's house Retail sale into a win-win deal
Hi BP'ers, I've been reading Brandon's new No Money Down book and realized that I may have a deal unfolding right in front of my face. A friend of mine has been sprucing up his rural home to prepare it for sale for s...
Gursimran Singh
First Property Purchased - House Hack... What's Next?
Hey BP, I've been a bit inactive but I am 21 years old and just got an offer accepted on a property in which I will live in one of the bedrooms and rent out the other two. I am going through the loan approval process ...