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Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...
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Hello BPers,This is sort of a case study and a call for help. In the beginning of 2017 I had been befriended by a gentleman by the name of Matthew Kadash. Owner/president of BMRE Holdings. We had been talking because...
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Yesterday (5/31/15), I woke up at 5 am to go put out my first batch of bandit signs. From 6:30 to 9:00, I put out about 25-30 signs. At 10:03, I got my first lead - a guy needing to sell about 20 houses.So far, since ...
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I just completed my CE for my mortgage bankers license here in Oregon today.what I found interesting and wanted to share is there was a module on license requirements as it relates to selling real estate.State of Oreg...
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Hi all- I have a condo I rent out that I originally obtained through a first time home buyer loan. Well my lender sent me a letter because they noticed this isn't my primary residence anymore and the loan states that ...
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I have read that now its only legal to invest 10% of your liquid net worth in a trust deed in California. So if you want to buy a 100k trust deed you need to have a cool million in the bank. I have also read that yo...
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Morning all.. so here it is, 9:15am on a Sunday, I’m drywalling the kitchen of a half double I own and am rehabbing. I own the other half also. I waited until 8:45 to start working. My tenant in the other half just te...
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I only posting this for general thoughts and hope there is something I haven't thought of. I am not asking for legal advice just opinions if you were me. Any feedback would be appreciated. Ok here's my little situatio...
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Hi Everyone, long time lurker, first time poster. I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...
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Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...