Victoria S.
Appraisal came out 20k lower
We are under contract for a 4plex. The cash on cash comes out at 13%, taking into account vacancies, maintenance, HOA ect (I used very conservative numbers). The appraisal came back at 20k lower than the purchase pric...
David Mohrmann
How to find pre-foreclosures
Hi all
Looking into finding properties before the foreclosure process occurs. Any idea where to start?
Brittany Schirmeister
Realtor and Landlord
In terms of working with an out of state investor who is looking to flip houses in my area,If I have a team with a realtor and contractors and was asked for a contracted partnership with an out of area investment grou...
Philip Johnson
How do I find a new tenant when I'm 1000 miles away?
I have no problem long-distance managing. But, how do I find a new tenant long distance? Here are a few ideas -register as a property manager ( if I register in california is this valid in all 50 states). If I do thi...
Louis Porter Jr.
How to get a deal with 3.5% down instead of the standard 20%?
I purchased my first investment rental property (a 2/1 in Riviera Beach FL that is renting for $1,075 a month) in October of 2018. I spent nearly all the money I have (All in at a little under $35K) on getting that pr...
Kelly Cole
How does wholesaling work?
Hello, I've been studying how wholesaling works for awhile, but I don't have a clear sense of how you get the property to closing and how you get your "wholesaling fee". For example- if I found a property for $80k and...
Rich Hupper
Foreclosure overage accounts
Anyone ever successfully negotiate a fee for the retrieval of tax or mortgage foreclosure overage accounts, for a previous property owner? From what I have read the rules differ state to state and county to county.
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JonPaul Kessinger
First Pocket Listing
Hey guys I have a killer deal on a pocket listing from an older lady who wants to move into a retirement home. It has a 49% CoC! But I don't know where to start, we have settled on a price. What Should I do next? Spea...
Account Closed
How To Find Your Mentor for SubTo, Seller Finance & Wraps & Creative Finance
How To Find Your Mentor for Sub To, Seller Finance & Wraps (Part 2 of 4 )
There are friends/family and the occasional investor who will take you under their wing and teach you what they know for no ...
Travis Limbocker
Hard Money Lending on Apartment
Good morning BP,Wanted to get a fresh discussion going on hard money lending (HML) specific to large MF apartment properties.To date, I've acquired < 10 unit MF properties using a mix of traditional financing and 1...