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When you make an offer on a off market deal, how much do you explain to the seller? What I mean is let's say you offer 110K On a house....well below market value and the current owner will assume you are low balling t...
Question for those of you who are familiar with the Rochester market - we closed on a 4 unit in the South Wedge area in January and we've been sitting with 1 vacant unit since then. At first, the PM told us we were i...
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Hello everybody, my name is Brandon Kranitz, just recently turned 20 years old and I am planning on buying my first investment property in the next couple months. I want my first investment to be a multifamily home, ...
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What kind of cap rate compression are you seeing in your market?We are seeing year over year .75-100 bps of cap rate compression (prices going up) in several Midwest and Southeast markets that we are active in or are ...
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on a wholesale deal the initial $100.00 deposit given by wholesaler/investor on the contract -- is this a formality or does the $100 exchange hands? if so....a. Who holds the deposit?b. How is it reflected this on the...
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Was hoping that someone could offer some advise in regards to my situation:First, I have owned a duplex and rented it out for about 5 years now, as my sole rental property, up until 2018.In 2018, I decided to focus o...
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Hello BP members,I will be hiring a GC to do a gut job on a row house in DC and was wondering what type of insurance I need on the house. My understanding is that the GC provides liability and worker's comp. Do I need...
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Hello all,I wanted to ask some advice from others who have done this already, but I am wondering how people find deals with seller finance offers. I understand what they are and how they work (for the most part), but ...
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How many people have received a formal education in Real Estate before doing any sort of investing, deals, etc.? Would you recommend it or are you a school of hard-knocks, learn as you go sort of individual?
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I bought a house for $300K in cash 6 months ago that I want to use as a vacation house. My domestic partner gave me $60K as a "gift" and I am adding him to the title. I want to get a 30-year mortgage now and pull my c...