John Thedford
25K Note For Sale: What Would A Typical Offer Be
Hello all:
I have a man holding a note he wishes to sell. It has a face value of 25K at 6% for five years. The payments are about $480 per month and they have made six payments. Note holder wants 21K for the note...
Jennifer White
What you wish you knew for your first deal
Hey everyone,My husband and I are looking into investing in our first single family or multifamily home. We are practicing more with the calculators and assessing deals but I'm sure there are plenty of things we have...
Champ Leong
What's the issues using non licensed contractors?
If I want to hire my best friend, for example, who has done work for me and I know his work is good quality, what issues will this present in my BRRR? Will I have an issue getting hard money? etc TIA!
Grant Sylvester
Why does "Wholesaling" have a negative connotation?
Hi Everyone! I'm newer to BP, the forum that is, but I've been a huge fan of the podcast over the last year and a half. I've learned a lot and I'm grateful for the platform! I'm interested to hear from different peopl...
Fong Lee
Rental in Saint Cloud, MN
Anyone got any rental properties in Saint Cloud, MN? How does the market perform there? I see that it has a population close to Maplewood, MN. Is the vacancy high? Is it hard or easy to find tenants? How is the job ma...
Trevor Ewen
New Orleans Land Auction
http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...
Jim Sestito
Help me explain Seller Financing to Grandma!
Hello BP,Dear Grandma is looking to downsize. Her house completely paid for and she has one note on it that she used to purchase a car with a about $18K remaining.The house is a two family. The main unit is a 3 bed...
Ravi Chhabra
Is it time to jump ship?
Hi BP Community - I purchased my first rental property in Frankford Philadelphia back in March 2021. I was hoping for it to be the first of many in the Philadelphia area. I wanted to use this property as a way to lear...
Joseph Legnard
Auction.com
The following is an account of my recent “Newbie” experience with Auction.com. After reading the info posted on the forum about Auction.com, there seems to be some mystery in some minds, including mine, surrounding th...
Randal Remon
I Feel Like a Complete Loser (Is there Hope for Me)?
Hey everyone,What a way to start my introduction to this community, but currently I feel terrible. I'm near 30, and feel like I made mistake after mistake in life. I'm working a job I could've had out of High School t...