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I could really use some advice from the community!I was working with a friend as a backer on deals here in Hawaii and put down some earnest money on a bank owned property deal I got for 500K. When it came time to put ...
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Been racking my brain trying to think of all the ways to get my place sold. A few things that I have come up with - not sure if they would have any effect at all - are:Offer a higher commission than the traditional 3%...
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I use a property management company, and they used two vendors for snow removal at my house (short one-car driveway, small amount of sidewalk in Omaha, NE). Between Jan 23 and Mar 2, I'm being charged almost $1700 for...
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I have read so much literature that it should be coming out of my wazoo. LoL But seriously, every other book I read seems to differ on which process of wholesaling should be your first call to action. So my question i...
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One thing that has always made me generally distrustful of gurus is the question of what motivates anyone to become a guru in the first place. If the methods and techniques taught are are so great, why waste time teac...
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I'll get this right out of the way up front, note newbie (i.e. 1 note). I am looking at a second that has an unpaid balance of approximately 30K. The first is foreclosing on the borrower, the court date is set and the...
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Hi everyone, I need some tax and legal advice in my situation where I have been incurring a good amount of unexpected expenses, and after some research tax rules seem to allow up to $25K of write-offs a year, but is p...
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Have you ever been under contract, and doing your due diligence, and you find a bunch of problems. You ask for a concession, but the seller's broker keeps telling you that they don't really care if you back out becaus...
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Hi everyone. Hope You're all enjoying your weekend.
I've recently been looking at some Fourplexes here in the San Fernando valley and most of the cap rates are looking pretty low. I've seen 1 or 2 properties that eve...
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Hey biggerpockets family!
I was hoping to get some input on this deal I'm in contract with. This will be my first value-add property that I will be purchasing out of state.
I am purchasing this for $78k.. The marke...