Sean Dezoysa
Cash Buyer asks what you got it for
How do you guys respond when a potential cash buyer asks what you picked up a deal for? He will see it eventually on the HUD1 (except when using a double close) but asking early in the process smells of negotiating ta...
Robert Burns
Cash vs. Financed Buyers
Is there an additional incentive, ie a reduced MPP for cash buyers vs. buyers using financing for deals? I am working on a wholesale deal right now and am considering offering a lower price for a property because I h...
Phill Phelan
Buy and hold 1% rule question
So here's the situation. My area generally falls short of the 1% price to rent ratio I desire. It's more along the lines of a 0.70% to 0.75% ratio. I'm a buy and hold guy looking to BRRRR my way to financial freedom. ...
Account Closed
Something not adding up
I have been investing in real estate since 2003. Ever since I can remember everyone always says California doesn't make much sense for rental properties. I have always agreed with this(that's why I flip)but right now ...
Rafael Diaz
Concerns with Seller-Provided Inspection Report
So I'm looking to go under contract on a house for which the seller already had an inspection done. Because of this, I won't have any inspection period.
The inspection didn't point out any major issues, and describe...
Dan Johnston
Stock Market $AMC Lets the Short Squeeze Continue!!
I have 10 rentals in Norfolk, VA and only invest in real estate until now. This Stock Market Short Squeeze had tempted me and I got in. Good Luck to any others out there! Stock Market $AMC
Bjorn Ahlblad
Tenants who do not understand that actions have consequences
Heartwarming and happy and tragic all at the same time https://www.bloomberg.com/news...
Rebecca Silva
WANTED: RE-friendly Accountant. Recommendations Please.
I was recently on the phone with my CPA. When he found out I was on the cusp of purchasing my first investment property he flipped out. Have you ever seen an introverted, analytic-type personality get emotional? It wa...
Matt Huber
Fell into landlord ship, now diving into REI!
Hello BP community!
My wife and I are investing newbies in Sacramento, CA. It all started when we decided to purchase a larger home amid the pandemic lockdown. For reasons that were more emotional than rational*, we ...
John Landmark
Measuring Risk?
Hello BP! A friend sent me the following opportunity;Miami Condo: 2/2 in a good area with excellent rental market.Asking Price: 70K, good conditionMonthly Rent: $1,300NOI: $635 (After HOA, Taxes, Main...