Marquell Jones
Very important question
when doing am assignment contract, would I take the arv or the sellers price to determine the Mao and assignment fee?
Ryan Billingsley
Potential deal next to condemned house
We are contemplating purchasing a property that needs rehab for a flip opportunity. It is a 3/1 833 sqft slab home. It is next to a condemned house on a decent up and coming street. 80% of the homes on the street a...
Bryan Vukelich
First investment by investor group a partner and I started.
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $860,000
Cash invested: $400,000
Sale price: $1,125,000
This property was #1 of #2 that was part of an es...
Noam Birnbaum
What property management tasks should happen right after closing?
Hey folks,I'm preparing to close a couple deals in the next month, and will be immediately putting those units under the care of an outsourced property manager.All the R.E. books I've read talk a lot about the purchas...
Sam Hecht
Does the BP calculator work for property in Canada?
Hey all,
I'm pretty new to the BP community and was curious if you're able to use the BP calculator to analyze property in Canada. I am thinking of going pro, but the calculator is something I really wanted to know a...
Micah Watson
New HELOC/BRRRR strategy. Thoughts?
I want to run a strategy by you.I have one single family rental and one single family home, each with a bit of equity. I’m thinking of 1) tapping into the equity via two HELOCs(one of each property) to purchase a thir...
Chris L.
What to say/not to say when buying from another investor?
I'm looking at a FSBO in a wealthy area where foreclosures are rare and houses on the MLS will get offers within days. The current owner is a real estate investor who rented out multiple properties over the years and ...
Terrie Strick
Not receiving rent and no communication
I’m in Washington state and have a rental that my tenant is notoriously late and full of excuses. She hasn’t paid rent and promised to make her payment and now isn’t communicating. She receives disability and her hus...
Andrew Wydra
Smart Investors: Is Market Due Diligence Part of Your Analysis?
How are smart and seasoned investors doing their market due diligence? Do you use a software program or are you digging various websites and compiling longhand?There are a ton of software systems and "how-to" resource...
Jack Mac connoran
The cost of renovations
There is a house I'm looking at that has been overgrown. I cannot post pictures here but I have pictures of the property.It is a 4 bed 1 bath bungalow. There is no appliances and everything is in need of an update. Th...