Jon Gorman
Rookie question about screening tenants
Hi All,First timer here in the process of renting out a house. We've been living in a townhouse for the past 5 years and at the end of August moving into a new home we purchased, planning to rent out our current house...
Account Closed
What am I doing wrong when it comes to wholesaling
I recently started reading about wholesaling and decided to dive in. It seems like either I have really bad luck or I am not doing something right. I wanted to virtual wholesale because I live in NYC, and the prices f...
Kris Fox
A very interesting situation. Help with offer
A REO is on the MLS in my area for $70,000. It needs about $50,000 in work and will have an ARV of $185,000. The house encroaches on the vacant lot owned by somebody else next door. This is public information availab...
Ken Powers
Are there ever too many bedrooms in a unit?
I've been researching multi-family houses, and a thought occurred to me. Most of the apartments I know of have 3 bedrooms or less. Most of the condos I've ever seen are also 3 bedrooms or less. Is this an indicatio...
Daniel Moreno
BP San Diego! Can I pick your brain?
Hi everyone. This is my very first post on BP! I have been following the podcast and reading the forums actively for about a year now. Thank you all so much for what you have contributed. This is an amazing resour...
Langston Carr
Down payment options
I am a local realtor and investor based out of Little Rock, AR. I am considering making an offer on a 3/1.5 home that is just under 1000 sq ft. I’ve personally ran the comps and they come back to about $68K, $71K max....
Marc C.
Legal: Selling Securities to Non-Accredited New Mexicans!
Did you know that New Mexico has one of the most accommodating securities laws in the country? Under the 202X exemption, investors can raise up to $2.5M from non-accredited New Mexican investors if the funds will be i...
Trent Mettenbrink
Personal Property in a Foreclosure Property
My business partner and I bought a foreclosed property on Monday and settled the next day with the trustee of the sale. The deed was then mailed to our home and we will file it this week. It seemed like a cut and do...
Elizabeth V.
Qualified applicant wants to know reason for rejection
Hello! This is my first Bigger Pockets post. We had a qualified renter apply to rent our home, and she emailed asking why we rejected her. She's surprised that she's having such a difficult time finding a place to ren...
Account Closed
Different way to structure wholesale deal
Hi all -I have a seller who's not too keen on the idea of wholesaling. I'm about to put his property under contract. The person I'd like to wholesale it to is a friend of mine who I trust. Could my friend and I create...