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When is the optimal time to purchase multi-family residential property? With the impending recession, what are some considerations for aspiring investors? What echelons of property should be honed in on? Which shou...
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Here's a provocative video...explaining we have a real estate bubble right now in 2014. When do you think this bubble will pop? Back in 2005 (after hurricane Katrina hit), I predicted a real estate collapse as well bu...
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Buyer gave me a low-ball offer. Then they came up to $95k all cash, saying that's the best they could do. OK.... Well, I said $99k was the lowest I would go, considering the buyer's agent commission % is really comi...
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I am a bit frustrated and hope this will be received well. This also may be somewhat lengthy as I just need to vent some. I have a 15 yr background in account management/outside sales. My husband (a Chiropractor) an...
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Hello everyone. Is it ever OK to waive the inspection? I put in an offer for a three family home, recently fully renovated inside and out. In speaking with the agent he mentioned I have a better chance of getting my o...
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Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
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I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.Numbers:Purchase Price with closing cost: $55,290.25Rehab Co...
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What is a deal to you and why? I'm sure not every one is strictly focused on the 70% ARV-repairs, 50% (multifamily), or 2% for B&H. The BP boys also mention that these are only guidelines, but what do you all focu...