Andrew Ware
Hello from Maine/Philippines
I live in Maine but my wife and I are beginning to invest in property in the Philippines. We are acquiring property by way of loans backed by title (effectively pawn) and fast discount sales. We are currently trying...
Jeremy Beland
You ever have one of those deals that feels like a sure thing, only to watch it slip?
Let me tell you about the time we almost closed a major deal in Haverhill, Massachusetts, back in 2018. It was one of those situations where someone really needed a lifeline—the seller was facing foreclosure and had j...
Andy Cross
Wholesalers Getting a Bad Rep
Ok...so...I'm a little beside myself. But I've got to get this off my chest.I'm seeing more and more posts about bad wholesalers. And all of the posts have various stories about how people are being jilted by bad whol...
Danny Webber
Different Strategies for Different Goals- Find one that works for you
There are several real estate strategies that investors can use to make money in the real estate market. Here are a few of the most common strategies:
Buy and hold: This strategy involves purchasing a property with t...
Zackarias Aitchison
Metrics For Buy & Hold Investments
Hey! What metrics do you personally use to decide whether a property would make a good buy & hold investment or not? Cash on Cash?Discounted Cash Flow?Internal Rate Of Return?Net Present Value? Cap Rate?A combinat...
Lorraine Martin
What do you require as a landlord when screening new tenants?????
Hey Landlords!
What are your main requirements when seeking new tenants?
Credit Score of?
Background check for anyone over 18?
Do you allow negative trade-lines at all ?
How many references?
Income three time...
Jason Merchey
APR vs. a Minimum Return on Private Money Loan
I have just begun to look into possibly loaning money on a flip, and I am a little surprised to learn that the going rate seems to be 10-13% and that it is annualized instead of by the flip. In other words, at 10% APR...
Mark-Anthony Villaflor
Negative Cash Flow after Cash Refi Strategy
Good morning BP members! I'm interested in getting a couple more properties while rates are still low. The downpayment for 1-3 new rentals would come from a cash refi I'm looking at doing on two properties I purchased...
Account Closed
How lease options work
I am wondering how a lease option contract works. I own a couple homes and I am looking to target buyers that cannot qualify right now but in the next 6-12 months will be able to qualify for a mortgage. My understand...
Randy Smith
It’s Distribution Time!
As a passive investor, my favorite time of the month is when the distributions start flowing into your bank account or your self-directed IRA (SDIRA) custodian account. It’s kind of like payday for a W-2 or the first...