Nick C.
Who is right? Poor Dad or Rich Dad's Son?
Here's the scenario:I'm taking the real estate exam in April and need your advice. I'm currently the owner of a small dog walking business. It's tough to scale and I'm stuck in it. My dream is passive income and an...
Account Closed
How to turn down a tenant with bad rental history?
So, I was listening to the BP podcast and the subject of how to do background checks on your renters came up. I was wondering, how exactly would or should you turn down a tenant that has bad rental history so to avoid...
James Wierzba
Worried about equity and property value for turnkey purchase
Hi,I just made an offer on a turnkey rental property (duplex) in a rural town. It is recently renovated, and fully occupied. It will cash flow immediately. My offer is significantly less than the listing price. Read b...
John Mills
Hard Money + Owner Finance - Am I missing something??
looked at and missed a deal the other day. Cash buyer snatched it up. Here were rough specs:ARV 200KRepairs 15KSale Price 100KFor some reason, seller only wanted 80K at close and a note for 20K payable at 7%. Intere...
David Kilgore
Financing Question for Fix-&-Flips- Atlanta Area
So can anyone help me out with this. Say I want to buy a property to fix and flip. I understand that with most HML that I would need about 10% down on purchase price. Now when it comes to the rehab cost how could I co...
Marco Bario
Good Time To Sell Partials
Cash is King, and investing is about managing risk. I market to owners of Seller-Financed notes interested in trading future payments for cash. Buyers of this type of paper are still buying, but with the COVID19 econo...
Jack Srimani
How to market research if a emtpy duplex will have renter
Hi,
I am thinking of buying a duplex in an area I am not very much familiar with. Before buying I would like to market research that the empty duplex will really be rented and not vacant so that I can have a decent in...
Kristen Martin
who's home owners insurance covers this?
Okay, here's my terrible transaction story: My husband and I listed our house for sale in early March. We immediately found a home we loved and wanted to purchase, so we made an offer, contingent upon the sale of our...
Ellie Perlman
Which Real Estate Assets are Struggling Today?
The COVID-19 pandemic has caused an upheaval in almost every industry, and that includes real estate. Many real estate investors are scrambling to determine whether their investments will be able to withstand the impa...
Annunciata R.
LA rates and calc methods for Rehab work
Normally contractors give me two possible estimates.
1) Priced Job : They look at the job and send me the estimate for carrying out the whole job.
2) Daily Rate: The tell me the individual daily rates a...