Asya Evans
Auction for First-Timer
I am looking into bidding on a home up for Auction. The house has to be completely knocked down due to a fire but the asking price is only a few thousand dollars. I would essentially (hopefully) purchase the property ...
Shaun M.
BP Annual Meet up was last night - Summary, Lessons, & Questions
BP's Annual Meet up last night was great - lots of good interactions and interesting people.Here are some observations:-Brandon is taller than I thought-Josh is skinnier than I thought (and a heck of a nice guy)-Some ...
Arvind V.
Fence in the middle of property
Am planning to buy a lot in Austin TX as an investment to build and sell/rent.The lot is street facing and has adjoining built up homes on the left right and back. There are fences on the left and right hand side but ...
David Rupp
Assessing Repairs Virtually
I have been wondering for a while how you would assess repairs on a possible virtual wholesale deal, so I thought I would put the question to BP. If I found a motivated seller, and knew that it would be a deal a...
Jonathan Brobst
Yellow Letters vs. Professional letters for seller leads?
This post is to get advice from those who have tested both yellow letters and a more professional letter to generate seller leads. I am currently using yellow letter marketing and am wondering if sending a letter that...
Alex S.
Appraising side-by-side 4-plexes (income or comp approach?)
I want to put in an offer on two separate 4-plex buildings that are adjacent to each and owned by the same person, but on separate parcels.Will the appraiser value it on the income approach or the comp-based approach?...
Kevin May
Pay off mortgage or not
Write your postHiI have a MF that I can payoff with cash and not break the bank. Should I pay it off and then open a heloc. By doing so I would receive $300/mo extra cash flow. I would also lower the interest on th...
Isaac Garner
Utah investor new to BP and REI
I am new to REI and looking to get into the business. I am a corrections officer, have a wife and 4 kids 10-5 years old. I live in a town of Heber City (24,000+ with higher than state average property values). I am...
Graeme Ford
Crazy Tenant = So Much Damage
Hey BP! not having much luck getting responses in the forums, but I'll keep trying. I have been thinking about the worse case or "nightmare" tenant situation. This of course involving extensive amounts of purposeful d...
David Garcia
Red flags if multiple neighboring homes go on the market at once?
3 homes on the same block, 2 of which are neighboring have gone on the market in my farm area within 2 weeks of each other. They are priced moderately based on comparable. I personally find this a bit suspicious but...