I’m looking to break into REI with wholesale deals as a way to raise capital for personal investment properties. When it comes to getting a seller to sign a purchase agreement, how are wholesalers showing POF even tho...
Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage. Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr, 3.85 on 30 yrMont...
Hi there. Whilst I'm a newbie to real estate, i'm no newbie to business. At 26 i started my own company (in China) and recently sold it for millions. Now I want to create passive income and I have created a strong ...
Hello to the community. I know there are at least 100 threads on this great site that deal with “getting started,” and assure you that I have tried to digest as much as possible before resorting to another “help...
I have a question for any members that have a good amount of experience with property managers. I apologize for the length of the post.
I currently own a property in another state and have a property manager who man...
I am currently listing a place for rent. I have this couple come over and explain to my wife prior and myself at the showing how their current place is bad and that the ceiling caved in twice. They go on with some oth...
I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...
A while back, my wife and I decided to rehab one of our long-term rentals in central Austin and convert it to a short-term vacation rental. After months and months of work, our first vacation rental property is now up...
Situation: I've got this deal I'm working on where a shortsale was initiated by the current owner. The sales price ($37,000) was approved by the lender and we made an offer for $35,000 that was accepted. I got the...
Hello BP,I currently work with a Bay Area Wholesaler, and soon I hope to start up my own wholesaling business in order to raise funds for investing. Here is my concern: I am not confident there are many motivated sell...