What would you tell a beginner who has stumbled upon a commercial deal which is the sell of 23 homes with a value of $6M Contract is already in place with 80% ( $4,560,000.00 ) financing and 30k Earnest Money but the ...
Hi, I wish to give a warring- this one is long. The short version is at the bottom of this post. I heard a few different opinions on what I am about to write to you, so I need a very specific advise here, if backed ...
I currently owe $157,000 on my house. $55,000 in various loans,etc. I have $150,000 in a 403(b). Will be out of debt in May-June 2025 (the $55,000). My available income for investing will be around $30-$40k a year jus...
Hello everyone,I feel like maybe I’m being a softy, however I wanted some input from the more experienced landlords out there on how they would/have handled this situation.So recently I closed and owner occupy on a 4-...
Ok so there was a water leak about 5 feet from the meter outside of the home. The tenant notified me of the leak 27 Jan and it was fixed 3 Feb. I spoke with the water company and the leak began during the billing cy...
Alright...I am going to post what happens every week in my real estate business. Why? So you will learn from my mistakes as well as get inspired by my successes. I also hope by doing this, BP Nation will help me ac...
Daily texts, calls and postcards. Anyone else just absolutely worn out? Everyone has the same pitch too.
I reached out to a lender and I was told I had to have capital of my own. I thought you didn’t have to have capital? He told me any lender is going to require me to have capital. He basically told me to save up some m...
My subject is not direct, but a legitimate question.I recently got a prime follow up call for a prospect that could absolutely be wholesaled. Upon making an offer and coming to negotiating terms with the seller, I nee...
Hello everyone. I've been a BP member for a few months now, and I've previously been documenting my progress here:
http://www.biggerpockets.com/forums/12/topics/67333-a-newbies-birddogging-journal
I decided to star...