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Have you violated the 70% rule and still made money?
For those of you who don't know, the 70% rule is basically the multiplier you have for the ARV (or After Repair Value) from which you deduct the repairs an...
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My name is Todd Dotson and I am an active Investor and Wholesaler in the Dallas Fort Worth area. I enjoy collaborating with like minded investors (new or seasoned) about what's working in the trenches! While DFW is my...
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Hello everybody, I am a 31 year old with a small family and have been interested in real estate investing for a few months now. I am very glad to have stumbled across Bigger Pockets! I've listened to all of the BP Po...
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Hello all, I'm about as new to BiggerPockets as I am to real estate. I have just recently finished my studies and passed my state exam for my real estate license, other than that I have very little knowledge in the f...
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1. If a deal is really a good deal why would you want to wholesale it to someone else? It just doesn't make sense me.
2. I hear about people who wholesale REO's. How is this possible? Why wouldn't investors who bu...
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Hey BP Community,
My name is Jeremy Gervasini. I am 22 years old, I work full time as a body shop technician in the paint department and reside in Central New Jersey. I came across this site a few weeks ago b...
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Hi All, So I'm starting to get closer to have enough money to purchase my first rental property (nervously excited!) and was wondering if anyone had recommendations on PM companies you've used in the Orange County reg...
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Hi,I just went under contract on an REO (3/1 SFR on 7.5 acres). It needs a little bit of work but nothing major. It's livable now but not the nicest house on the block. I'm buying it for $30k (currently appraising at ...
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Hi BP, I wanted to introduce myself. I'm 28 and have decided to give real estate investing another serious commitment. I wanted to start investing a few years ago and had bought Short Sale Weath by Shaun McCloskey, ...
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Hi Guys,
I have everything set, the agent on my side, funding and everything. I have created a buyer's list and required verification for the cash to close the deal.
But I have a problem, I do not have this property...