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Hello! I am a brand new soon to be wholesaler and fix and flipper in the Nashville TN area. Any advise for me as far as which methods have been proven most effective for your business when it comes to generating leads...
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Hi BP members, Can you tell me if an option period is something that is common when buying through a wholesaler? Thank you in advance!Nhi
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Hey BP members!I was wondering if you have to get vacancy insurance for the few months while rehabbing a property if you plan on flipping. Also if you plan on BRRRR a property, would you get vacancy insurance while yo...
i have been doing a direct mail campaign to people and have not recieved one call where it sounds like it has potential. so far i have sent out 200 letters and recieved 36 calls back and 99.5% of them have been all d...
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Hello!I'm looking to get pre-approved for a conventional mortgage and wanted to start by comparing lenders based on the interest rates, points, fees, etc. they're offering. A few questions came to mind as I started to...
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Hey all have my first MF deal I'm working. It's a D property in a B+ to A area. Long term owners who haven't managed well. Not updated at all. Lots of value add here. Numbers: $700k purchase on 2 - 4 unit buildings (8...
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If a seller owned a property for 30 years and hasn't raised rents in a decade or more, how much would you pay for it? The property I'm referring to has been meticulously maintained, no mortgage, owner was wealthy and ...
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I have a small portfolio of rental properties in Columbus, Ohio. I am looking to expand my portfolio in the near future, and will likely get to the point where it makes more sense to hire someone else to do the prope...
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Summary
Property took 1 year to sellProperty went under contract 3 times with different buyersWinter freezing temps - water pipe burst ruined our renovation and we had to start all over againWhat We Should Have Done
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I put my first solid property under contract this week! I had a triplex under contract earlier this month but the seller/agent smelled my inexperience and tried to sell me a dud. Thank god for the option period! Th...