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I'm I not reasonable for not signing my turnkey contract because it has this condition? "If the property appraises for $120,000 or more the buyer agrees to purchase the property at the $129,950 purchase price indicate...
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I often hear wholesalers discuss the legality and ethics of whether or not you are brokering a deal. So then wouldn't it make better sense to partner with your buyer/flipper. I see one negative in that you don't get...
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This is a brief overview of how I went from a family business employee (with 7 children), only earning 60k/yr, filing bankruptcy in early 2016, to someone who will be completely financially free 18 months after I purc...
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Hi BP,Do investors, purchasing a property with the sole expectation of renting it out, make it harder for owner-occupants to find affordable housing?This is the question that came up from a family member. He lives in...
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Hey guys,
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...
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Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...
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Since my first property I was seriously looking at fell through, I thought I would try this again. Hopefully it is a winner this time.@Bram Spiero I just wanted to let you know that I am evaluating another deal agai...
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When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
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Ok so this is probably not going to be an easy read, and i primarily write this down to make sense off my own thoughts, but i thought why not let a few of the great BP minds participate and maybe together find a satis...
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I am a new aspiring real estate investor, who wants to specialize in Buy and Hold and other Rental Property Investing strategies. I have just started my journey, and I've read a good handful of some of the best books ...