Jacob Phillips
Evaluating cash flow
Hello BP, I’ve got a new guy question that I just want to check my mindset on.Obviously the name of the game in buy and hold is cash flow. So, when I’m evaluating deals, especially my first few, how much emphasis do y...
Tony Rodriguez
To evict or not to evict after foreclosure occupied sale, Chicago
Hello everyone!
So I'm closing on my 3rd property situated in Chicago in the next couple of weeks. This property is an REO but will be transferred to me as an occupied property. I've drove by the property and it see...
Leo Kotschenreuther
Newbie from Mountain View, CA
Dear BP community,I would like to introduce myself. My name is Leo, I'm 24 years old and live in Mountain View, CA. Originally I'm from Germany but moved to Silicon Valley to work as a Software Engineer.About a year a...
Amy Webber
Advice Requested: Reasonable offer to buy out our own note?
Hello,A seller provided owner-financing for a portion of a recent purchase of 3 duplexes about 6 weeks ago. The seller recently mentioned that they were looking into selling the note rather than waiting for the balloo...
Kyle Gregg
Need advice on financing my first BUY and HOLD
Hello everyone at BP! First time poster with big dreams of real estate investing. BACKGROUND:Ive been doing research for the past 6 months and finally starting to put together a strategy to go after my niche...but fir...
Emery Green
What can I bring to the table as a complete newbie?
Hello BP community,
I'm wondering, for those of you who are deep into the world or REI, what are you hoping for when you meet a newbie?
In my experience, the best relationships are one of give and take. Being so new...
Kevin Trumbull
Note for sale saying 'Borrower signed A Deed In Lieu'
Forgive my n00b question, still learning the note business. I'm seeing some 1st notes for sale where the seller says 'Borrow signed A Deed In Lieu'. What exactly does that mean for the note? Doesn't that mean the n...
Kevin Izquierdo
Bathroom and Kitchen rehab advice
I read an article claiming that the Kitchen and Bathrooms on rentals should be the two places that should really grab your potential tenants attention.
I would like some advice or misconceptions on this, if youve hea...
Herm M.
Making offers on short sales "subject to finding an end-buyer."
So I've read that we need to put a contingency in our offer to the short-sale lender. This contingency will say something along the lines of "this contract is valid if, and only if, the investor (buyer) is able to fin...
Bobby C.
Occupants' Appeal against Judgement for Possession
Today, I was just informed by the occupants, (notice I didn't say my tenants), they asked for an appeal from the judgment of possession to obtain more time to vacate. That specifically was their reason for filing the...