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Hi, Fellow BPersI have a question on what strategy is the best on turning a rundown motel we recently purchased and would appreciate your inputs:This is a 20-unit beachfront motel that has been poorly run in the past ...
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Hello BP,It's always fun posting stuff on here and hearing what everyone has say, but i'm afraid this post isn't quite as pleasant. Nonetheless i'm sure there are lessons to be had here and I would greatly appreciate...
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OK, really like to see what people have to say on this one.
1) First tell me your area and how much it is down so far from the peak.
2) What do you see the total % loss from the top until we hit the floor?
3) What t...
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I had about 2” of water in my flooded crawl space in April. I sucked it out with a utility pump and opened all the crawl space vents. We have not had any heavy rains like we did with the spring thaw and the April sh...
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Hello All, I am about to sign an agreement with a property management company for two of my properties i just purchased out of states properties in Saint louis Missouri and i do concern with AUTHORIZATION paragraph, i...
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The property I am attempting to buy is in a very nice wealthy neighborhood in central Illinois, however, It doesn’t have a single renter occupying the property at the moment. I’m wondering if I should forgo buying thi...
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Savvy real estate investors often like to buy properties that have problems, which can help us snag a great deal. However... not all problems are good. What are some examples of "problem properties" you would never w...
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What are your favorite things to ask a seller who is considering selling their property without an agent? I'm looking for more tips from agents who have had success dialoguing with FSBO folks.
I lean towards: How muc...
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I have approx 20k in the stock market and am just starting out in RE investing. Historically, the stock market can give a 7% return per year. I think a cash on cash return of 10-13% is typical for real estate investor...