E. Jacobs
Pricing Strategy
Quick question. After you have the property under contract, do you:
1) Set a low list price to try starting a bidding war
2) Set the list price to reflect your desired profit
3) Set the list price higher than your de...
Anthony Washington
Exit Strategy
I'm new to the board and investing period. I figure the most important step in investing is just taking action after you have educated yourself. I'm 24 now so I know if I keep at it, I'll be financially free by 30. Ju...
Tiger Sun
Offer Strategies?
Just wondering what all of your offering strategies are for REOs?
The basic one I am just trucking along on in South Florida is as follows:
65% of ARV (Investors tell me hard money here lends at 65%)
Deduct $10K Com...
Jordan Decuir
Depreciation Strategy
I'm curious around the overarching strategy regarding accelerating tax depreciation through cost segregation. 1) Does this approach generally make sense on single family rentals?2) I have heard that the majority of th...
Account Closed
Wholesale strategy
Let me start by saying my first wholesale deal was unsuccessful for a couple of reasons, but this post is about another valuable education that I got from the experience. So, I got my first my first deal under contra...
Tim James
Strategy tips?
My wife and I have a 5 year goal of turning our $120,000 annual savings into $150,000 of passive income through real estate investing. We are new to BP, currently have no rental properties, and want to ask the BP comm...
Mitch Monmouth
Cash strategies
What are some of the best strategies to start with when a reasonable amount of cash is on hand?
My initial inclination is to purchase cash flow potential properties at distressed prices from wholesalers and/or strugg...
Russell Carter
Best strategy
Good evening BP faithful. I am new to real estate investing and have been approached with a deal. A wholesaler wants to assign a house to me for 20K that currently has a tenant. It needs some cosmetic repairs bu...
Jen Borst
Strategy Question
Hi, all!
I'm brand new to investing, and I'm going to be a buy-and-hold passive income-stream kind of investor (am not going to be quitting my day job any time soon, but sure would love to retire someday). I...
Karl Watson
Unique strategy
I live in a 6 unit building that is all owner occupied at the moment. Our HOA is incorporated. My idea is to have our HOA “business” save enough cash for a down payment and set it aside. Then, if any unit wants to ...