To whom it may concern,My name is Zachary McDonough. I am high-key addicted to real estate. I am 22 years old but have been addicted for around 5 years. I am constantly having visions owning lots of properties and ble...
Hey all,So I am currently looking to offer on a home that has a basement divided up into two units (A studio and 2BR) with a main home on top. The two units in the basement have full baths and full kitchens already. T...
Why do some sellers insist on cash only transactions? Even if financed they’d get their full amount at closing anyways so why the insistence on cash only?
Hello All,I am new-ish to BP, but I have been investor for a few years now. Right now, I mainly only have properties in Cleveland and Toronto. I was wondering if anyone has any leads on some other good markets like th...
Let's say that you are doing a flip with money borrowed from a hard money lender. You bought the house, rehabbed it, and at the time of selling it, the estimated ARV dropped significantly, leaving you with little prof...
Hi guys, I've got a question for all you seasoned investors, what are some typical repairs that a property may need once an investor acquires it? What are some not so typical repairs? I know every property is diffe...
Hello, I'm new to wholesaling and have a lead on a property with an out of state owner who has a long-term tenant. The owner tells me they are motivated to sell and willing to considerably discount the property for a...
I'm looking for help answering some concerns I have about a duplex. We are in the final stages of closing on a duplex and I discovered mold in the property recently. I had an inspector come look at it and was given an...
Hello BP Community. I started in the commercial real estate world as a broker in Seattle area in 2012, which brought me to start investing in 2013. I started buying 2-4 units solo, then branched out with LLC and TIC p...
Sent a letter to a home owner one month ago. Received a call that they want to sell. Turns out the property is still in the name of the deceased parents in which they owe 70k on the mortgage. The house is in pretty di...