Reposting this in a bigger forum for feedback:I own 7 condos in a complex close to a local college. They were all bought for under 100k and are worth 150k now. My uncle who invests in property says I should post 2 of ...
My question is this. If I use the 50 percent rule in my market. Most of these properties qualify easy. Do I make an offer then ask for actuals? There's many properties I want to pull the trigger on. Any advise?Thanks...
I got a lot of value from Michael L's ongoing post about his experience with Elite in Chicago, so I thought I'd replicate that for others. https://www.biggerpockets.com/forums/223/topics/16...I live in Southern Califo...
Hello All, Seeking some referrals for a few things. My partner/mentor and I are looking to start putting in a lot of low ball offers in on several listed properties in Will County, Illinois. Anyone know a realtor who...
Perhaps this is a better topic for a blog post, and perhaps I'll do that. But - is there a bubble or isn't there? Should we keep buying, or shouldn't we?On one hand, prices are outpacing income growth. On the other ha...
The story you are about to read has transpired over the past 6-8 months. There are areas in which I made mistakes and contractors made mistakes. This is completely factual, and, looking back on it, was a great learnin...
Hey everyone,I just recently bought a rehabbed property in KS, MO. my PM just informed me that someone is interested in renting the property. This individual just hit a jackpot and wants to pay the one year rent upfro...
My BP Landlord Community,
One of my tenants messaged me and told me that she won’t be able to pay her rent on the due date. She will need two weeks extension. She sounded very confident as she had done someth...
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
I am fairly new to BP but just wanted to share that my offer on investment property number 2 was just accepted today! I haven't closed yet and I know I'm counting my chickens too soon, but I'm excited to have jumped ...