I put in an offer of a 3 unit property in a Detroit suburb. We put in significantly less than list price, about $50K less, list was 299,900, accepting cash, fha, va, conventional, land contract. We called the listin...
Hi everyone,I am a new investor looking to purchase a small 5-10 unit apartment complex. There are not a lot of these available at the moment, so I'm getting very discouraged. Some people have asked me why I don't con...
I am mostly a non-residential commercial investor. I have sold half of my commercial holdings and wonder if I should start selling the few SFR's that I have. The prices have increased roughly 50% from when I purchas...
Does it generate resentment if I have multiple agents searching and sending me listings? I would never take a listing sent to me by one agent and bring it to another one to close with, but I still don't want to develo...
Hi there fellow investors!We've done our first turnkey purchase with Morris Invest in Indianapolis about 6 month ago. A house in a C neighborhood near downtown, for about 50k. For this price the house was supposed to...
Hey everyone!BP has just released my latest book: RECESSION PROOF REAL ESTATE INVESTING.It is all about how the economy works (starting with the very basics and working up from there), economic cycles and how we as r...
Hi, fellow rental owners,
Recently got a disabled rental applicant who applied for my house on Zillow. I specifically mentioned on my listing no pets. They also wrote no pets on their application. They are a marine v...
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...
HI I just sold a business and used a good agent to do so. I will also be using him to sell a inherited home that were unable to make cash flow. The question is it wrong to find a different agent to buy the next inves...
I have the funds up to $200k. Been loOking up to $1M multi family apartments for a first deal!! Seems more attractive to me than buying a few SFH. Am I biting off more than I can chew for first deal?! Please any advic...