Michael Baldinger
Newbie Charlotte, NC
Hello BP! New member here just getting started in Charlotte, NC.I work as an optometrist in Charlotte, and live in Matthews, NC. I have a friend in town who is an agent, has been a contractor and is also an investor...
Rodney Turner
Second Home on the Emerald Coast - Advice?
I am considering buying a second home on the Emerald Coast, somewhere between Destin and Pensacola. The property would be mostly used for short term rentals, and I'd stay there during vacant periods.Here's my question...
Vik Divinets
Need advice on my first property deal.
Can you please help me and advise me on this one. I have a 28 unit apartment complex (mom & pop type) under contract for $185,000 and the tax assessment is at $250,000 and its market value is at $300,000. Fully oc...
Justin Guidry
Analyze possible first MHP.. Help Please!
Hey guys been reading here for awhile and I have definitely learned a lot. First time posting so I'll introduce myself. My name is Justin. I'm 28 and I live in south Louisiana. I have a fulltime job making 6 figures b...
Martin CS
Billboards for Seller Leads?
Does anyone use billboards or large signs at busy intersections to pull seller leads? I actually have one that I created using a small trailer and had a 4 x 6 sign built on it with "we buy houses" on it. It costed me ...
John Bongers
How to write a promissory note and 2nd lien on a rental property
Hey, Does anyone know how to write a promissory note and a 2nd lien on a rental property on Ohio. I'm looking for investors so I can scale up my rental portfolio. I currently have one unit, but I'd like to bring on a...
John P.
First potential deal
Hey Everyone,
I'm wondering about a duplex I'd like to buy. I've already made an offer of $450k on this place. This is my first deal.
Here is the listing:
http://www.redfin.com/CA/Los-Angeles/2222-Effie-St-90026/ho...
Matt Schelberg
Wholesale JV -- Investor Fronts Marketing Costs
I recently met with a wholesaler over coffee to discuss the types of properties I am looking to purchase for my rental business. I was expecting a straightforward wholesale arrangement, but the wholesaler proposed ...
Susan O.
Parking money in Slower Markets - Mid West, South, high CoC cap?
Is anyone doing 1031 exchanges out of markets like San Diego, San Francisco, NYC, Boston and just parking money in slower markets? Or sub markets with higher cap rates?What are all your thoughts on just parking money ...
Matthew Malley
Market Top - Sell - Hold - Refinance?
My STR market has appreciated significantly due to Covid and I am trying to evaluate the best way to move forward. I bought a STR in January 2020 for $170k. Since Covid, the area has exploded in STR rentals and home v...