Patrick Britton
Earnest money amount
For private sales is it reasonable to have the earnest money amount be something between $10 and $1000? And I assume for REOs and short sales it would be greater?Does it raise a red flag to the seller if I offer only...
John Phong
How Do You Learn An Out of State Market?
Hello BPers,
I understand investing has a lot to do with knowing your market, the more you know the better. I am looking to build an out of state rental properties portfolio. What do you do and/or suggest on learning...
Kaylee Shrammy
Offer accepted...then problem....
Hi everyone! We put an offer in for a house which was listed at $945,000... we were countered several times with the lowest the "seller" was willing to go at $915,000. Let me also state that we are using the same ag...
Kevin Moules
How to hit every street in a town efficiently? Drive for Dollars
Hello BP community, you guys/gals are awesome! I come here when I need guidance and answers. As of 2 weeks ago I quit my W-2 job after 7 years. I am now going to go full time with my handyman business and real estate ...
Daniel Morgan
Investing in Homes near new Casino?
Hi BpersI live/invest in the Springfield MA area and this spring they are starting building MGM Grand Casino in the downtown area. Its suppose to rejuvenate the downtown area with shops/attractions and amenities ect....
Eddie Woodside
How would you approach REI if you were in my specific situation?
Current REI: 1 single family unit & 1 quadplex (pending) was -Goal: Enough passive income to sustain my current and future lifestyle (whatever that may be). -I’m new to BP and to REI and I am curious how seasoned ...
Justin Yurong
Apartment Purchase with 35 People
I've been working on putting together a deal with my friends, family, coworkers, etc. They would all be considered sophisticated investors. As of right now, I have an informal commitment of funds of $180,000 with 35 t...
Mike Snyder
Pinellas Park - Investment area or flood problems?
Question for those familiar with Pinellas Park FL: Is this currently a good location to invest (rent/flip) or are there still flooding problems that can kill your potential? I was driving for dollars the other day and...
John A.
Wholesaling Commercial Real Estate
Hello BP,
The number of wholesale deals I've been doing has been increasing over the past few months (took a long time). I found a 6-unit apartment building I think one of my buyers will like. For those of you who wh...
Jared Baker
Is this Partnership "Illegal"?
Hello BP,I am currently looking at trying to buy a duplex to try out the renting game and see how it goes. Currently in my area duplexes are way overpriced. Instead I am look a few hours away from where I live at ar...