Rich Weese
work and thought project for newbies. Please join in.
It is always important to be able to analyze properties and potential acquisitions/sales. My belief is most of the profit is made on the buy. I have an opportunity in real life and want to throw it out there. There wi...
Vanessa Garcia
Note Foreclosed, Next Steps?
So my brother @Eli Garcia and I are working together on increasing note holdings between the 2 of us. 2 heads are better than 1 kind of thing. Any who, he bought one that's in Detroit, MI that was in foreclosure and...
John Chapman
I never want to own a house again.
I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
Matthew Wright
Sellers Lawyer Steals Deal
Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I w...
Ned Carey
The 2% rule is the most brilliant ever
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
Caleb Haynes
I keep getting outbid on home offers I’m making
I keep getting outbid on home offers I’m making on single family homes. HOW MUCH OVER ASKING PRICE DO I NEED TO OFFER?I’m looking in the Tyler, Texas area, doing a conventional loan.I offered day of, full asking price...
Justin Cabral
How do I get started Investing in non-performing notes?
Not sure about you guys but I thought last weeks Podcast was pretty powerful. It really got me interested in looking into purchasing non-performing notes. I read up on it since and have a better understanding of how i...
Nick Rutkowski
Where are the young investors?!
Hello fellow BPers!Now, I know we’re all young at heart. But I’m specifically looking for those under the age of 35 to answer these questions. Feel free if you’re older to answer these questions too because honestly,...
Samantha Schwartz
50% partner wants 100% cash flow.
Hey guys! One of my investors has offered to be a 50% partner and finance the down money for properties and in return they want 100% of the rental cash flow until my half of the down money is paid back. Its basicall...
Paul Clements
I know I'm getting ripped off, but how bad is this?
So I recently met a realtor who I agreed to let act as my buyer's agent. She's probably showed me 7-8 properties and has put in a lot of time, been very responsive, etc. I assumed she would be making 2.5-3% commission...