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Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
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Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...
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Ok, I have two good deals but they are pre-foreclosure properties and I'm a Wholesaler. How do I close the deal with a Pre-Foreclosure? I'm lost because I know about closing deals with FSBO properties. Do you do pre-f...
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Hi BP Fam!
I've hit a dilemma that I'm sure many others encounter at some point in their investing careers, and figured this would be a fun topic to discuss.
So I've been working my a** of for at least 15 years as a...
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I am still in the research stage and looking into the website roofstock.com. They are a turnkey. I am wondering if anyone has had experience with this company or actually purchased through them. They seem to have a ve...
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Hi, I am a newbie and was wondering if anyone joined myhouse deals, If they have current listing or if it is just a waste of money. Thanks Mary
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All- I am a experienced rehabber...I have renovated 50+ homes over the years. I now looking to get into new builds as our market in Denver is becoming really strong. Inventory is extremely low right now.
Curious w...
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Hello BP Community,I am new to real estate and this forum. I converted my primary residence to a rental property in October 2017. The house is in Los Angeles and the lease will be due in October 2018. From November 20...
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Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
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Hi,
I've been reading these forums for a little while now and have learned a tremendous amount in the short time I've been here. I was wondering if anyone could help analyze my first RE deal?
I put a 4 BR/1.5B hous...