I need help with offers and counter offers. I understand the whole concept of low balling, but how do you get that low ball offer and work with counter offers? This is my process:Seller is asking for $182000.Because ...
Hi BP folks,I'm completely new to real estate investing, so I'm still in the process of learning the ropes. I've learned a lot from the forums and podcasts so far, but before I pull the trigger on my first property, I...
Hi all. I'm hoping some of the more experienced members here could maybe make some suggestions or point me in the right direction. I'm looking to educate myself more thoroughly on how to analyze a potential long term ...
Would you buy this note on several residential homes in the Atlanta market? I haven't done any long term lending in the past, only 1 yr balloons. I guess I'm at risk during a high interest rate environment if one shou...
Hi all,
I once heard a seasoned investor say that a particular neighborhood in Chicago is overpriced now. This neighborhood, Bronzeville, has lots of brown and greystone buildings that were very cheap a decade or so...
Hey BP team,My business partner and I are both 50/50 owners in our real estate company. We recently closed on a commercial and residential unit. The commercial space was previously a doctors office and had several h...
Is it possible to change the depreciation write off amount for tax purposes on a rental property? I was advised to use a 40% land 60% structure ratio applied to the purchase to figure out my depreciation amount (which...
Has anyone used the BRRR strategy and refinanced using a VA loan? I was wondering if there were any additional requirements besides having the house being my primary residence. It would be more like a live and flip bu...
i was so excited about this that i decided to fight with my phone to get to the forum section to post this. I'm new to everything dealing with real estate and i've been reading a lot, but felt as if i wasn't understan...
Hi all, I'm new and am looking for BRRR and/or flip opportunities in the Triangle, where I currently live. I have some questions about going further out to surrounding areas: Long Preface: if you live near the Triangl...