Jag Sekhon
Investing Out of State?
As someone looking to buy their first buy-and-hold investment property sometime within the next year or two, it's really disheartening analyzing properties in my area. I live in San Jose (right in the heart of the ...
Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Mark Rauch
Out of state investing
If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, con...
Erica Rodriguez
Population decline in Chicago and Illinois
Hello everyone,I'm a newbie real estate investor in the beginning stages of saving money for a down payment on a multifamily buy and hold. I'm currently looking at the area surrounding the Garfield Park Conservatory. ...
Graham Lutz
If you could start investing anywhere, where would you go and why
NOTE: not sure if this is the right category or not....Not that I'll be moving anywhere other than my home town, but just interested to hear from some of the seasoned investors here. I'm sure there are a million diffe...
David Rundle
SAFE Act in Oklahoma & Lonnie deals
I see John Fedro's post that Oklahoma requires a Mobile Home retailer's license . This has just further confused me. I found a deal to buy a mobile home and the seller is extremely motivated. However I'm hesita...
ED Russo
Whats More Profitable? Marketing To Sellers/Buyers
I have been marketing to sellers which cost $$$I spoke to a local wholesaler that markets others deals to her buyers list. He told me he spends most of his time marketing for buyers. In fact there two big wholesalers ...
Herwin G.
Buyers' agents giving commission rebates?
Hey BP, a friend recently mentioned that there are some buyers' agents that offer commission rebates of 1% or so. And since the commission is already factored into sale price (as the seller pays the commissions) thoug...
Miles Smith
What would you do if you were 18?
Hello everyone I'm turning 18 in July and am fortunate enough to have a family who has started a fund in my name when I was born which has grown to $80k in cash and $60k in stocks. I live in southern California in the...
Douglas Middleton
HELOC 1st Lien Position
Hi fellow BP Colleagues! I am searching for a lender that will provide a HELOC in the 1st lien position on 3 rental properties I own. I am finding lots of evidence of this elusive loan product around the BP forums,...