Mitchell Dyer
Broker Etiquette - Off Market Leads
My goal is to add value to at least 100 units by the end of the year and I got my hands on a list of ~3000 off market properties in Houston, TX (Harris County), about 20% of which are 100 - 300 units.Would it be prope...
Ryan Daigle
How are increased reserve requirements affecting returns?
With the new reserve requirements of 12-18 months for Fannie/Freddie loans, how is this affecting your projected returns? That's a lot of capital you have to account for that's not getting a return.Can you plan to ret...
Eangelic San Agustin
How many unrelated tenants in one home for pierce county, WA
Hello all, I’m fairly new to BP. I currently have two housemates but I’m looking to add another roommate to the mix. The new roommate would have their own private bedroom space. I’m mainly looking into this so I can p...
Quentin Mitchell
Best time to buy (when there are good deals)
Now there are always deals year-round and it can fluctuate between markets but the I have noticed in my time as a real estate investor that the winter months seem to be the best time to buy because there seems to be l...
Mitchell J.
Buying a foreclosure/REO property without an agent?
Is it possible to purchase a foreclosure property without an agent (via no agency / ministerial acts) in Chicago?I have purchased other properties without an agent... but not sure if the rules are different for forecl...
Mitchell Maginnis
STR quick & dirty calculations
Hi!I am wondering if anybody has any "quick and dirty" calculations (similar to the 1% rule in LTR investing) that they use when underwriting STR's?I have heard some are aiming at 20% COC return. Does that include dow...
Duane Hundley
Payoff Rental On CC
I purchased a rental using a cc 0% for 12 months it's a low purchase price. So would you take your own money and try to pay it off in the 12 months? Or get a mortgage, so I can focus on the next deal? If you need more...
Veronica Mitchell
Nightmare Surprise Before Closing
Hello everyone,
As the title says, we are 3 weeks away from closing and we are in a big dilemma. For background information, I'm a W-2 contract employee who makes 80k+ a year and I have been working at this job sinc...
Cameron Mitchell
Approve or Deny Tenants?
Hello BP,
I am having difficulties renting out my property in the winter. I have had two applications. It is a couple, one has a good credit, almost hits the income required, good credit score. Her Boyfriend isn't th...
George Valenti
Has anyone ever heard of Josh Marti? Wholesaler
Has anyone every heard of Josh Marti? Says he is a wholesaler who has helped 1000’s of people. He has an interesting program on his website (JoshMarti.com) that I am looking into. Problem is, I can’t find any informat...