Alexander Thornton
My understanding of the wholesale process...
Hey everyone,
I'm 18 years old, and I feel like REI is the one thing I'd be good at, since I have great people skills, as well as negotiating skills. However, I'm still "iffy" on some of the procedures regarding whol...
Michael Smith
were do you investors get POF
Hi everyone. I am actively looking to invest in Newark NJ with the BRRRR strategy, and like everyone knows to make a offer for a REO or short sale - witch is usually good to got a fixer upper - you need to have POF, a...
Sean Dougherty
LOW APPRAISAL and a creative solution?
Hey all,So I am in process of selling a flip. Market is going crazy here in Hawaii, so I am getting many offers way above asking price. Unfortunately I do not think the home will appraise at those prices. All offers i...
Eddie Wright
Whosaling - talking to sellers
Hey BP fam, I have a question. I have not completed my first deal yet. When meeting with the seller after the purchase price has been met, do you read and go over the purchase and sale agreement with them, or let them...
Sooyeon Kim
Underground oil tank
Hi,
Hope to get some help regarding my situation.
I just got an accepted offer in jersey city and my inspector copper lines for oil tank in the basement. Oil tank is supposed to be in the front yard ((it's a brown s...
Charles Granja
What are normal title fees 400-500k house?
In the past, I have purchased homes and title costs are normally 700-1200$ for homes between 100-250k (California/Missouri/Kansas).For a 420k house (Chicago), I am purchasing they have the total at 3500$, seems like a...
N/A N/A
Newbies Start Here
Hello All,
I just finished teaching a real estate investing class in Sonoma County California. The class was an intimate class of 20 or so would be real estate investors.
After the class a student approached me and...
Gretchen Roberts
Capital expenses and NOI
I've read that capital expenses shouldn't be included in an NOI calculation, but is it ok to include a per-door reserve? (By OK, I mean if I include it and use the resulting figure as reasoning for making a specific o...
Steven Jones
Raising seed/working captial
Hopefully someone can lead us in the right direction here.We are looking for the best way to raise some working/seed capital so we can purchase more rental properties. We currently mortgage two, two family units whic...
Arthur E.
Leaking Sewage Line
I'm getting ready to have my first property under contract and I just introduced myself to the neighbors. They have been in their home for about 34 years and I actually dated their daughter 20 years ago (small world)...