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So I’m working on trying to close a wholesale deal where the owner is deceased, but took a reverse mortgage out on the property. The children are now trying to close out the small estate by getting rid of the home. ...
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One of my close family friends is the principal broker at a local realty firm. He has about 80-100 agents working under him I believe and I was wondering what are some questions that I could ask him that might be able...
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My client recently purchased a home with a hard money loan and have successfully rehabbed it for use as an Airbnb rental. It has been operating for 2 months now. Our lender has informed us that we need 12 months of re...
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About a week ago I was the winning (and probably only bidder) on a town home that I thought was a good deal and would make a good flip or buy and hold. The property was being sold subject to the redemption period and...
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I have been thinking of doing a 1031 on my SFR rental properties in SoCal with a 3.2 cap rate. After looking at Multifamily units, I discovered commercial buildings with NNN leases that can be as long as 20 years wit...
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Hello BP Community! I discovered the BP podcasts while educating myself about financial literacy & the FIRE movement. As a creative professional historically "allergic to math," I never thought I'd consider real e...
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If your not using a property manager, how do you prefer to receive your rents? Do you give your primary residence address or do you use a P.O. Box?
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I am new to real estate investment and looking to learn as much as possible in a short time. I hope you can help to point me in the right direction. I am looking for house to hold, flip and long term investments. I ca...
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Gooood mornin’ BP!
I have heard on several podcasts about the concept of “retrading” (the term for going back to the seller after you are under contract and asking for credits, concessions, etc.) and how it cou...
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Hello everyone! My name is Nicholas, I am from Toronto, Ontario, Canada. i am a 34 year old family man, with my girlfriend( who I want to make my wife one day) and 2 young children(4 yr old boy and 2 yr old girl). I h...