Rico Nasol
ACV or Rebuild Insurance for Rentals
So we have a rental property in MO. We're paying cash for it and then going to rehab. All in, we're spending ~$70k with an ARV of $100-110k. The rebuild insurance is $84/month at $170k. The ACV insurance is $56/month ...
Paul Choi
Deal or no Deal? Need financing ideas
Howdy folks!So a friend of mine, who is not into REI, has sent me a couple of off-market leads through his family/friends, which is great but I'm currently low on funds to close the deals. I'm in the middle of SFH re...
Allende Hernandez
Buying a condo from a wholeseller?
Hello folks,I recently bumped into a good deal on a condo apartment from a wholeseller. I didn't even had the chance to place an offer before it was gone. I had a few questions and by the time it took me to start loo...
Syman Scarpellino
Investing Deposits? Risk/Reward?
Hey BP Community, My rental portfolio is steadily growing (still pretty smalltime), I am up to about $20,000 in tenant deposits. Thus far the money just sits in an account, as its not my "free and clear" money.What do...
Briyana Hawkins
Property in Baltimore... Repairs May be worth more than ARV
Hey BP fam! Getting the property for next to nothing. But I’m pretty sure it will require a full gut and renovation. It’s also likely that the repairs amount will exceed the ARV.ARV: roughly $60-$70K Should I buy and ...
Nelson Del Castillo
Motivated Seller Negotiations
Quick question about what you would do in this scenario. Motivated seller calls and says they want 55k For the house.. This number works for you and leaves enough for a 15% profit. Would you give them what there aski...
Sunkul Soni
LISTING AGENTS ARE LICENSED AND HAVE EQUITABLE INTEREST
Always Curious when I see this on a listing and they're pitching the pros of the property, the income or flip potential, etc. Why are they selling?? I know there may be financial reasons or personal reasons but i...
Karrie Hodgeman
Why aren't there more people investing in HOA Forecloure Bidding?
I am interested in knowing why there are not more discussions on the HOA foreclosures. I am in Florida and the market is saturated
George C.
Looking to offer on an REO with U/G oil tank, ?'s
Has anyone out here in BP land made a successful offer on a REO that has an U/G oil tank lately? I don't mind buying house with 0 structure inspections, but the u/g tank is a different story. The home is in NJ, been o...
Melanie Raine
Outstate Minnesota Advice
Hi everybuddy,My partner and I are relatively new to the world of investing (May 2016) so our learning curve has been huge. But we're already actively involved in note buying and 30+ unit apartment complexes ("involve...