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So I just got off the phone with my realtor. I want to write an offer for 245k on a duplex that is in probate and asking 350k. He was shocked. He said he "knows it is worth at least 320k". It's tax assessed at 315k in...
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I have been at another forum writing about "creative financing" at the Creative Financing Forum.Here is the intro:It is the spring and I thought I would give a primer on "creative financing" for the BP community.I wil...
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I own a mobile in Colorado Springs that I purchased in 1997. It is in great shape as all the maintenance has been kept up on it and many improvements. It is located on a double sized corner lot in a quiet mobile hom...
Hello:Wondering if anyone is aware of and may have a recommendation for software to streamline and standardize operations for a real estate investment company. It should be able to manage documents, acquisition, rehab...
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Hey everybody! I am so happy to announce our October speaker will be Mitch Stephens from San Antonio, author of the book My Life & 1,000 Houses Failing Forward to Financial Freedom. He will be driving all the...
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Can someone please explain the difference (if there is one) in a Net Listing vs wholesaling?My understanding of a Net Listing:Net Listing provision states that seller will receive a net amount of money (say 150k for t...
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Hi,I have potential tenants (husband and wife) interested in renting out my 3 bedrooms home who will use one bedroom as their primary residence and rent out other rooms through Airbnb in Los Angeles. They sent me thei...
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Hello All,I've been lurking here for a few months now, mostly saving, reading, and absorbing. I finally have some cash to start investing, but the problem is every property I analyze in the area does not cash flow at ...
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I am 50 and have a goal to replace my income, or at least a lot of it by 60. My wife and I have strong W2s and are closing on a 300K HELOC this week. We are in process of building an Airbnb (Den Modern Cabin in Adir...
I hope I'm posting this in the correct section.
I am going to start a small business with property management. I wan't to focus on single family residential and charge landlords either 10% or 15% of the rent.
I hav...