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Wholesalers, how did you learn to estimate repairs on a property to then determine your offer price? Wholesaling interests me but I have no construction or rehab experience and it seems that being able to estimate rep...
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I apologize if this is in the wrong area.I am wondering if any agents think that floor plans would be helpful to have in house listings? As a buyer, I have always thought floor plans would quickly help me weed out cer...
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Hello BPers! The deal: 1. You have a paid off mortgage on an investment property intended to be an inhertance.2. There are 2 family members on the deed.3. One family member is retired and shows less than 35000 per ye...
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Retired baseball player with 2 million dollars to put into investments. What would be the first step into investing into real estate?
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Does anyone have any experience with Forensic Accounting or had to do it on a property? I, unfortunately, need to go back in time to see if a property manager I was using was stealing from me or doing anything shady....
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Hi BP,I am torn between two wholesale equations. The first being70% ARV -Repairs- My Profit= Maximum Allowable OfferORARV – Rehab – B/S/H – Your Profit – Investor Buyer Profit=Maximum Allowable Offer (MAO)After Repair...
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I am putting my only rental home I have right now up for sell after doing some needed repairs to it. I was wondering, based on some of your own personal experiences, if I should 1031 this over into another property af...
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Please note:this same post was made twice with different titles. I attempted to delete the other one but couldn't.These numbers are bigger than I'm used to for a single family home,
and so I'm looking for some advi...
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Hello all!
I am closing on my second property June 8th. I closed my first May 21st using conventional financing. Now I am looking to try hard money lending or even a different lender. How long should I wait for my c...
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I'm in discussions with a sellers agent now getting some of the loan info of the seller. The seller has a house listed for $270,000. She has a balance on her loan of "about" $187,000According to the information the ag...