Hello fellow investors in California,I need your advise about purchasing real estate property in LA area ( like Westwood, Culver city, Brentwood, Santa Monica).I am interested in 2 beds 2 baths condo/townhouse/house b...
Hi everyone
Wow, it's been over a decade since I was on BP, nice to be back.
My business partner and I have a fairly large portfolio of SFH's that we purchased as rehab projects using hard money. After doing this f...
I want to buy a three family home. I am not handy at all, most people I talk to say not to get into a multi family property if I’m not handy. Is this true? Should I take their advice? Though I know other who have said...
Doesn't have to be real estate related! I just want to hear what life's big lessons have taught you, and how I can learn from it. Some of my background:I live in Las Vegas, NVI have a girlfriendI read a lot and I try ...
Hello everyone I perused the BP community in the forums section to determine if gold as hard assets (with the ability for liquidation) would have application as collateral for doing a real estate deal. I am a collecto...
I just got approved for a 180k HELOC and I am looking to start buying STRs. I currently live in orange county CA and am looking at the Smoky mountains and Joshua tree. How do I make the most out of my 180k? Which mark...
Let's compare a simple wholesaler's deal to to the same deal as an exchangor:
ARV is 200k,
Repairs are 30k,
As is value 150k,
Purchase price is 70% of ARV minus repairs and 10k assignment fee so 100k.
Wholesaler ass...
First off love this community and glad to be a member, I have been on the site for about a month or so and have learned a ton, something new every day. A big thanks to all the knowledgeable people who contribute.A li...
Who typically keeps the reserve account in a large multifamily transaction, buyer or seller?
Hello everyone,Looking to get some feedback as I'm very interested in making real estate a second job for me. I work full time as a branch manager for a major bank and am realizing that this is a job that will not hel...