Dina Schmid
Negotiations When Purchasing Existing STR
We're under contract for a SFH that is currently in use as a STR. Inspection revealed A LOT more problems than we ever imagined a house of this young age would have. We asked them to address 5 items that we saw as the...
Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
Medi Sarwary
Aggressive Pre-payment vs. BRRRR strategy?
Hey everyone! I have been struggling with one aspect of the BRRR strategy which is the refinance after re-hab. I see a lot of value in aggressively paying down the mortgage with the excess cash flow and personal incom...
Louise Whidby
Sure Need My BP members/friends (frustrated)
I am trying to wholesale my 1st property. I contracted for 35k + my fee. Investor went to look at it today. When I called her to get feedback she wouldn't answer phone, but later sent me an email offering me $15k. She...
Cory J Thornton
Rookie mistakes I'm making and a tenant with tumors
Hey BP family - I am very new to RE Investing. I decided to make RE Investment a focus a year ago, and as of four weeks ago, my wife and I have picked up five properties. Below I tried to give a brief overview of my c...
David Avetisyan
Commercial Financing Question
I had the following question regarding commercial loans:Can you used borrowed money from family and/or friends to apply towards a commercial loan? Thanks in advance
Natalie Kondratenko
Would you consider this 10plex and if so, at what price?
I am a new investor and have two properties (3/2 SFR in middle class neighborhood and a 2/1 1/2 duplex in low income neighborhood) in the Lafayette, LA metro area.
I am interested in apartment complexes because of t...
Geoff Bolton
Turnkey provider not allowing access to new construction home?
New investor here that's been using a turn key provider and I have what I hope is a newb question. I am concerned by the fact that I have a deposit down on what's a new build construction home from a turnkey provider...
Brandon Ingegneri
$35K profit double assignment
Recently, another investor that I have done tons of business with over the years called me because he came across a house that he knew I would like. Up and coming neighborhood that I knew really well, multi family th...
Nancy N.
FSBO or utilize real estate agent to sell property?
Seems challenging getting a real estate agent to provide comps for my property. 1st agent: lsit for $650k, 2nd agent: list for $680k, 3rd agent: list for $750k, and asked "would I consider getting an appraisal". (some...