Hello all! I'm a wholesaler who lives in South Carolina. I got a call the other day from a potential seller that owns a nearby 75 suite hotel that he would like to sell asap. In addition to the 75 suites, the hotel al...

This is probably dumb, but....

If a foreclosed house is listed for $89900, would it be rude to come in at an offer of $60000 (the house needs $10k-$15k worth of work & comps put it selling at $100k after rehab)?
...

For an embarrassingly long time "Buy an 8-12 unit apartment building" has been on my list of things to do. It has been talked about, pondered, debated but has never happened.So, my thought is to make it a 60 day chall...

Hello BP friends!
I started this journey when I was 21. It makes me sad looking back, because this journey sucked. Very little income, no credit, lacked motivation and a definitely only had a 1st world perspective of...

Hi.  I found a property listed on the MLS for $650k in need of approx. $150k in repairs. The property was an historic property in my area that needed lots of work including a new roof (existing was just paper for over...

We recently purchased a 120 unit value add apartment community and got the seller to finance. This was a distressed asset with 78% occupancy, needing over $500k in renovation. The option was to close with a bridge loa...

hello BP.  I would like to know opinions about what's a good percentage to shoot for in regards to rent rates compared to purchase price (i.e. 2 percent rule) in the Houston area.  Thanks!

Long story short: my GF and I hired a contractor to renovate our condo. We had some issues with our bathroom surround not being water tight. We caused "indoor rain" on our downstairs neighbor's bathroom. At the advice...

I have tenants who are scheduled to be moving out on July 9th. They were late on their rent last month and have yet to pay their rent for this month. I filed their eviction on the 10th (the first day I was able to fil...

can you negotiate either or both or none. What I've heard; Short sells are listed by the agent based on comps, you can come in low but the listing agent doesn't have to submit it.

Banked owned, as is, aren't negoti...