Michael E.
Creating my unfair advantage
Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...
Hanna Parker
Getting HML backed offer accepted in multiple offers situation
I have submitted offers on a number of properties in Chicago that had multiple offers on them, and in each case, I lost out on the property. I am using a hard money lender to finance the project. While I understand th...
JD Martin
Kiyosaki has spoken - October economic crash coming!
Well, I guess we (collectively) are going to see how smart Robert Kiyosaki is, at least when it comes to predictions. On a news program he makes the bold prediction that real estate & the stock market are going to...
Albert D.
Turn apt land into Parking Lot business, anyone?
Dear BP community,I welcome your constructive comments and suggestions to my crazy idea above.Here is the background. My apt complex was burned down in a wildfire last year. I've been trying to rebuild it since Jan ...
Burt L.
What to Consider Before Going to Work For An Experienced Wholesaler?
I can go to work for local, experienced wholesaler who does a high volume of deals and wonder what I should consider upfront. Deals would be split for a year, and there is a modest fee to start. Like others have writt...
Brian Kempler
Helping homeowner negotiate short on a 1st: they accept how often
You hold a 2nd and are trying to help the borrower negotiate a short on the 1st so he can short sell.For those who've dealt with this scenario can you give some idea of a percent success rate getting the 1sts to accep...
Rick S.
Gross Income Thresholds to claim real estate deductions / losses
My wife and I are new to the forum and to real estate investing. We are fortunate to have joint income in the $350k range combined.
We have read a lot of various articles and such but have a BIG question...
Based ...
Peter Leivers
Newbie from denton texas
I have been listening from the sidelines for a while and am ready to get active on the site. I am ready to learn.
bout me: I am a professional pilot. I do work a lot but I also get a lot of time off and as such am ab...
Ashley Wilson
Forecasting Cap Rates
Two Disclaimers: 1. Before everyone comments there is more to underwriting than projecting exit cap rate and it varies by market, know that I already know that, and this post is regarding a general concept and a quest...
Jared Ottley
Multi-family financing questions
Was looking at buying a four triplex complex (12 units total). First meeting with bank and was told 25% down at minimum would be required and 5.5% would be best interest rate on the rest. Just want to check to see i...