Michael Phillips
Prospecting Distressed owners
Hey everyone.. I’m a realtor out in Erie pa, I’m wondering if there’s any agents who prospect distressed owners and if so, what’s your best approach ? I’m having trouble with that, thanks a lot !
An Duong
Buying multifamily but the owner wants to stay for 2 years.
Looking to buy a 7 unit multifamily in Rhode Island but the owner wants to stay in his unit for two years at a reduced (less than fair market) rate. I am not sure how much hardball I should play with this. The deal ...
Seda Howe
Downpayment option from 401K
Is it a good idea to take out a loan against 401K for downpayment on a first property? Thank you!
Josh Culling
Seeking appliance recommendations
We own several single family homes in a lower-middle class market. We market our homes at the top of this particular market - new flooring, nice finishings in the kitchen and bathroom, A/C when possible, and new appli...
Matthew Shumba
Best major for aspiring airline pilot
Hi all, I am 17 and about to start college in the fall semester. I’ve been admitted to several colleges in the US for pre-vet/ biology however, my true passion is aviation. As a result my plan was to pursue this majo...
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real estate prices regulations
Is there any laws preventing real estate developers of SLAHING prices dramatically shortly (I mean 2 months or less) after selling some properties at full prices $ 189.000.00. Note that the slahing is $ 100.00.00?
Tha...
Steve Graves
Rent strike, be prepared for what could happen
Just came across this article. Workers that have lost their employment because of the corona virus are waging a war to not pay the rent. Not just a delay but a full on don't have to pay the rent for 90 days.https://a...
Jerell Edmonds
House flipping . Understanding the process
Hey BP Fam this might be a dumb question. My co worker flips house and every time I pick her brain I fully don't understand the process behind house flipping esp the lending process. She basically broke it down like t...
Chase Brister
Wholesale help
Howdy!
I believe I may have found a home I would like to wholesale. However, what are the ways to close the sale? Obviously, I need to find a buyer, but am I selling it to them for a set amount and then using that mon...
Lisa Forde
tenant asking to lower the rent during lease time
Hi everyone, my tenant asking me to lower 20% of rent, which is a lot and kind of greedy, or he is seeking the option of breaking the lease. ( how ever I do know that he recently lost his job)
Should I offer a 8% di...