Amber Lister
Finding deals based on sales comps, but rental comps too low!
All of my experience has been in business investing, so real estate is still a new area for me. Buy & Hold and building a portfolio of rental properties is my goal. Here is where I'm struggling and I'm not sure ...
Harry Dhaliwal
$100k to start investing into real estate, in California. Stay, or go out of state?
Hi guys,I have about $100k saved up with the sole purpose of investing. My goal right now is to get to $5k in monthly cashflow as soon as I can, to accomplish this as soon as possible I get the feeling investing out o...
Candace Postell
WWYD if you ran out of $$$ during the flip!
Hi B/P family,So what if you were about 95% complete on a flip and you needed about 4k to complete, what would you do besides private money? Its a bit of a dilemma because you've made it this far and you dont want to ...
James H.
Contractors Run After W-9 Requested
We used to do all of the unskilled labor, plus a few skilled things, ourselves. But, we have come to a point where we have to start hiring things out.A few weeks ago, we had a painter paint a property. He did a wond...
Kenneth Goldman
Competing Against the Big Players-How?
I was just talking to a local real estate agent in the Chicago market and she informed me that the houses I am interested in are being bought up at prices over asking price by a hedge fund and other bigger players ...
Jacob May
MLB player struggling to get approved
I am currently a professional baseball player for the Chicago White Sox. With that being said it is extremely hard to get loans from the bank due to only having seasonal income. I was fortunate enough to get approve...
Bryan L.
Crazy Asset Managers
First, a little background. I've bought 30 or so properties, with 21 (if I counted correctly) being MLS-listed REOs/foreclosures/HUDs. That's not a huge amount, but I'm a rehabber, not a wholesaler. Anyway, I say t...
Pratheek Lakur
Deductions for repairs following move out
Hello,
Our first tenant is moving out early next week and I have had a chance to walk the property and have noted several damages. I have scheduled a contractor come assess how much the repairs would cost but wante...
Bobert M.
Trying to get a loan to buy the second rental property
I think this is the right category, if not, I'm sure it will get moved. I was told, "Buying your first rental property will the hardest, the rest will come easy." Well, for me, buying the first took no effort, and n...
Victor Drazen
Becoming licensed as a Mortgage Loan Officer and also as RE Agent
Hello,This is my first post, so I hope it complies with the rules. I've been doing a lot of digging and reading everything I can. I am about to close and acquire on my first multi-family investment property (Hartford,...