John McNamara
Ok, am I an idiot or what?
Cliff note version. I get the "end result" of wholesaling. I guess I have a little brain freeze on the actual transaction.
We find an undervalued property, put it under contract, then assign or double close on it to...
Ed Banfield
Odd request from landlord
Looking for an apartment in MD for my daughter, we decided on one on September 30, we did not need it until November 1. Real estate company sent forms to fill out for credit reference and all that, took a few days, c...
Alex Corvin
Minimal/no cashflow, but good potential for appreciation
Hello BP community. I'm considering buying a property to hold and rent out, and would like some more input on whether it's a good buy.The property is in the Raleigh, NC market, specifically in the downtown Cary area (...
Austin Klesmitk
Keep cash or pay down mortgage
I currently have a mortgage on my personal property at 3.4% interest with around 100k in equity. I have around 30k saved at the moment and I am looking for a single family home to turn into my first rental. My quest...
Benjamin Barredo
What do you think of Campbell County/La Follette for Investing?
Does anyone have an opinion about La Follette's market? I have a motivated seller and she and her husband inherited a 3/1 SFR, 1443sqft on a .5 acre lot off of S 25W Hwy right off of I75 about an hour north of downtow...
Elias Barend Westhof
Buying a property with a tenant not paying rent
So we’re about to buy our first home. It’s a 4-plex in downtown LA. One of the tenants in the house has not been paying rent for several months, and owes $14.000 in rent. The person has not been evicted because of the...
Tim Viviano
LLC and piercing the corporate veil
I am interested in hearing opinions (not legal advice of course) if you have the time to respond. If I purchase a rental in my name, keep the loan for it personally, and deed the property to my LLC does that make it e...
Sean M.
Getting a current credit report before buying a Note
The to be unnamed credit reporting agency is giving me grief about pulling a credit report on a creditor for a note I don't own (which is fair enough I suppose). It's my first, so what is the usual practice? Am I be...
Brett Hearn
Termites found in the inspection during closing
Hi everyone,So kind of bad news on this deal I have under contract. I am doing a BRRRR on a SFH for $77k. Anyway everything checks out but Termite report says "evidence of termites". The seller has agreed to pay fo...
Don Konipol
What is your targeted ROI?
What is your target for ROI (annual) on your passive real estate investments? On your investments which require a more active participation? How do you calculate it? I target 12% + on my passive real estate investmen...