If the job of the wholesaler is to broker the deal between seller and buyer, couldn't the buyer find the same deal and save the assignment fee?What special skill does wholesalers have?Is there rule of thumb for wholes...
I have a tenant who decided since he signed up for the Army and is leaving for boot camp in a few months, he doesn't have to pay rent any longer. I filed eviction, but have been tossing around the idea of calling t...
I'm currently a Realtor & I have been studying FB & IG Ads & Marketing. I have been implementing some of what I have learned along the way for my real estate business. I haven't done paid advertising just ...
For those that are interested, see the new IRS Notice 2019-07 that was just released. After a quick skim (page 7), it looks like we finally have our guidance on possibly claiming the 20% QBI deduction on rental income...
I cannot emphasise enough how important this subject is. Effective marketing brings customers to you - when you get them to come to you the result is a home field advantage.
Customers are the key to success. You ...
Hi BP Community,My name is Mike High, I'm 24, and have been obsessively educating myself for the past year so i'll be as prepared as possible (without real experience) when my first deal comes along.Through my educati...
Hi folks,Anyone here have experience in buy + hold rental properties in Folwell, Near North, Payne-Phalen, South of Maryland, or other higher-crime areas? In particular, I'm curious to know what expenses (insurance, s...
When do you perform a title search for a wholesale property?
First, I put a contract on the house from the seller.
Then, I assign the contract or double close with another investor.
Where in this process do I do the ...
Hi,
I am looking to buy my first income property and wanted to know how much the maintenance, utilities and PITI should i deduct from the gross rental income? I have been told 45% of gross income but there doesn't se...
I assume that the longer a property sits on the market, the lower that listing will drop...When a property has been sitting on the market more than 6 months, is there a formula investors use when offering a reduced pr...