hi, I am new to the BP community, and I have started the beginners course. I have a question about the 2 percent test. Is he implying that for a property that cost 200,000 you are supposed to charge 4,000 for rent? Th...
My credit score dipped 40 points after the bank reported that my mortgage was paid off. I had an excellent score well over 760s and I was surprised to find out in the last day or two that it went down 40 points. It dr...
I am currently under contract on our first rehab property that we plan to brrrr. What would make the most of the appraisal? What do they typically look for? We are redoing the kitchen and bathroom and all flooring and...
Can a buyer do this? He hasn't submitted his EMD yet but he has signed the contract assignment document. I've already started the title work but than I get an email this morning stating he's backing out because his AR...
Hello BP members!I'm currently flipping a property in Southern California, Inland Empire. My General contractor already did a walk through of the property and he concluded that there are structures and converted space...
Hey everybody! Newbie just starting the rookie bootcamp. Wanted to play around and practice with the calculators, and I watched the tutorial video on using the Wholesale Calculator. Question is, how do I have any idea...
Hi Gurus,I have a First Floor Condo under contract and we were supposed to close on 9/3. Because of a Leak from third Floor Shower Leak, a ceiling leak developed on this property under contract. Water was leaking and ...
Hi Guys, my uncle did a reno on a property. For some reason he decided to do 2 things that were not on the plans.1. Put down too much concrete on the driveway/walkway up to the house, (supposed to be a ribbon driveway...
Can anyone comment on this strategy for finding good deals through active agents?I am a licensed broker in Georgia. I've had this "idea" for a while, but wasn't sure if this crosses any ethical/legal boundaries as an...
Our current president is supposedly floating a policy idea of rent control to no more than 5% annually. History shows us the actual opposite of what he and others claim will happen will actually take place. Instead,...