Account Closed
Entry and Exit Strategies for the Young Investor?
What entry strategies can new investors do with little or no money? Some basic strategies I know of are wholesaling, sandwich, and mobile home contracts.
Also, what are good Exit strategies for young investor...
Daniel E.
NPN wants us to approve unaffordable pmt - while at end of FC
Have a borrower who has been fighting foreclosure for 12 months. Chapter 7, mediation, appealing denials, etc.Borrower has offered to pay $700/mo, which is 50% of thier income. We feel this is unaffordable, and will i...
Amul Sutaria
What options do I have? Take a look! need advice!
Hi BPers,I have an off market property, let me show you the numbers, please tell me what YOU would do in my shoes... :SFH 2/1Acquisition: 185,000Rehab: 20,000ARV: 250,000Potential Rent: 1800/monthTaxes: 5,000 (yeah, N...
Justin Yocom
Beginner
Hello, I just purchased my first rental property in December and I'm in need of advice. Keep in mind I'm new to this and I'm 18 years old. I bought a home at below value at about 32k and it is worth 45k. I currently h...
Julian Freyre
New investor, wholesale
Hello, Im a young kid and I read the real estate book by bigger pockets. I was drawn to the idea of wholesaling and I understand that I am unable to do it until I am 18. So I want to read a wholesale book so I can hit...
Dan Bosak
Eviciton Options when courts are closed
Is anyone having any success with removing tenants during COVID in an area where eviction courts are still closed? I have a few tenants who were in the eviction process prior to the COVID shut-down and courts closed...
Stephen Jones
Raising rent during pandemic
Hi BP,I am set to close on a 12 unit apartment building Aug. 1st. The rents are a little low compared to the other rents in the area. What are your thoughts on raising the rent with everything going on? The rent raise...
Kevin Keene
Which Talent is Better to Hone?
Hello, everyone!I have been reading a lot on comps lately. (Thanks to Steve Babiak's post "Finding Comps - FAQ") but I have come up with a question. Which talent would you rather have: estimating comps or estimating...
Darren Flater
Am I missing aything on Mixed use deal?
there is a mixed use building in my hometown that has been open for three years. I found out threw two friends of mine that there is two businesses that have asked to lease it but the current owner wont lease. they...
Len Smith
Hacking Cabinets (using flex seal)
I've been called cheap by most of the people in my family. But when they say cheap...all I hear is smart. I love getting the most value out of my money. So, when I hear other landlords say they use all wood cabinets ...