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What does multifamily underwriting look like now given what we know so far of the impact COVID-19?I know there are very few new transactions going under contract right now given the huge amount of uncertainty that sti...
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Hi all, I was looking at a $80k house that's in OK shape except for a hole in the one of the ceiling and an odd small patch of mold in a damp spot in the basement stairwell, not a from a leaky pipe in a ceiling. Likel...
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Are you ready to read my life story of this property? Here we go… I originally bought this condo property toward the end of the year in 2006. (I put 20% down.) I invested into this property for three main reasons: 1...
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Hi All,This is my first time posting. Please excuse the long post. I am an architect in Toronto, with over 10 years experience in the design and construction of high-rise residential buildings. I am working towards tr...
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Hello everyone, i live in Chicago and would like to become an investor and start doing short sale deals and wholesaling properties. I wouldnt mind spending few thousands to invest for my education, but i want to lea...
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I just got a chance to review the new www.turnkey-reviews.com website that was recently launched by some of our fellow BP members. I am curious what turn-key business owners think about this site? Do you view it as an...
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I am on several buyers lists so that I can cast a large net to find and analyze properties, and something I notice for the FL market especially is that many of the wholesalers list the same properties. How is this po...
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We are lucky in Metro Phoenix to have a real estate data resource that slices and dices our MLS data daily to give us a real-time analysis of what's happening in the resale market. This resource is the Cromford Report...
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When selling a home, how long until you will drop the price? Assume you are getting about 3 showings a week with decent feedback. If you do drop, what percentage would you reduce by?
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Hello BP community,I am closing on my first flip on Monday the 29th. Its been a roller coaster so far. Underwriter has been making us jump through hoops for past two weeks. Decided to go out and find an investor. Turn...