Account Closed
The 70% of ARV "rule"
I have heard this for sooooo long. It is such a popular equation, it has almost become a rule. People get mad if there is a property offered at less than 70% of ARV minus repairs. The fact of the matter is, that while...
Daniel Rudio
Bank wants a 3 month holding period on private funds
I'm about to put a duplex under contract and In order to minimize my initial cash outlay, I am considering financing it through a combination of buyer down payment, private lender loan and a conventional mortgage thro...
Roman Capone
How to pay yourself if you elect a 1031 exchange
Hi there,Very new and ignorant to real estate but was somewhat dragged in without being prepared. Here's the situation.... I have a home that is currently being rehabbed and that I plan to sell next year sometime. I h...
Andrew Syrios
Investors: Make Sure to Capitalize On “Resolutions of Unacceptable Conditions”
https://www.biggerpockets.com/blog/dealing-with-resolutions-...
Sometimes, you’ll see a question in the BiggerPockets forums about whether it’s worth doing inspections when you get a property under contract. The answ...
Reid Balmelli
How long does it take to get into wholesaling?
Hello, my name is Reid Balmelli and I live in an area south of Olympia, WA. I've recently been learning about real estate and would still consider myself very new. I took an interest in wholesaling as a way to start m...
Ken Nyczaj
How I got my first Residential Contract of Sale signed.
Hey everyone, for anyone starting out I just wanted to give some information and knowledge about how I got my first contract signed. Not closed yet! But signed! Inspection is going on this Saturday.Since the end of 20...
Kenneth Coleman
Most effective way to market to absentee owners?
I'm currently making some postcards, does anyone have any tips on what i need to add and what i shouldn't add?
Zehra Lewis-Wright
How can networking benefit your business?
As one of the most important tools in growing a business, networking often finds itself overshadowed by what is seen as a more modern and effective approach - online marketingThe majority of businesses are reasonably ...
Chris Simmons
123Landlord or RentPost
Does anyone use either of these? 123Landlord is big in Canada it seems but don't see much about it down here for some reason. Rentpost is new and cheap but lacking in some features as they are in growth mode. I am ...
Kelly Conrad
Renting to someone with Chapter 13 BK
Hello!I know there are several different feelings on this, but I wanted to get some input. If a potential tenant has filed Chapter 13 due to needing to withdraw money from their 401k accounts to pay for the funeral ex...