Jeremiah Sullivan
Investing in the Midwest, Ask me Anything
Hello All, My partner suggested I do this and that I would enjoy the website. I have been investing in Ohio for a little bit now. I have properties with my own money, partners money as well as a fund that takes outsid...
Aj Bowman
First Flip in Maryland
Hi Everyone,
I am currently looking for my first house to flip in Maryland. Mostly concentrating on Montgomery Frederick and Carroll counties. But I am struggling to find a house. I am trying to stay away from aucti...
Jeremy Fleming
How to Find Motivated Sellers without Using a Realtor
Finding motivated home sellers without a realtor can be challenging, but two effective strategies you can use today are Facebook paid advertising and door-to-door sticky-note delivery. Here’s how you can make these me...
Hong Yang
Should I buy an otherwise great property with a leaky basement?
So I'm looking at duplexes in the Buffalo area and I found one that hits all the boxes. Its vacant, its turn key, its in a pretty decent area, its competitively priced, and should rent pretty well. However, its been o...
Amy C.
no response to my rental listing
Hi,
Buying a building with two 1 bedroom apts, and one 2 bedroom apt. Advertised on Trulia and Craigslist. Have priced them in accordance to condition and neighborhood (with assistance from our realtor) and...
Klaycon Santos
How much above asking price would you go?
Asking price is 520k for 4 family unit. Did the whole check up and only small cosmetics work need to be done. But it's a hot property 20 min from Boston. Average comps for this location is 450-500 but I want to close...
Steve L.
Rehabbers: What Pricing Strategy do you Use?
I am working on a blog post about this, but I wanted to get some feedback from you experts at BP.
There seems to be two trains of thoughts in the rehab world on how to price a property:
1. List the property under ma...
Chris Walters
Potential Gross Income
Hi BP,
I just found a property where the the Cash on cash ROI should be more or less 10% according to the numbers found on the listing. That being said, I am skeptical about the income stated, as most of the listings...
Mike Rubin
Mortgages vs. Private Investors for Rehabs
When people are trying to rehab homes, why do I keep hearing about private investors to fund the projects? Does a conventional mortgage not work?
I just watched my first episode of Rehab Addict and, she too, uses pri...
Ronald Stanley
When should I complete my research before a tax sale?
Hey family,
I attended my first tax deed auction in Fulton County, GA on Tuesday. Here are my observations. Majority of what was sold was land. Most of the land ended up selling for $5k -$25k (shocking). There were...