Jonathan G.
50% rule ? True or False?
I’m reading the posts on this website discussing the 50% rule. We own few Class C Apartments Complexes, anywhere between 36 to 100 units. My management Company manages around 2,500 units. I have to say that based on o...
Tony Butler
Putting my residence up for rent
Hello all, I am writing this post to ask those with some expierience what do you think about putting my personal residence up for rent, and buy another home to live in. I would have approx. $200 in positive cash flow ...
Dave Largent
What are first steps in pursuing a pre-foreclosure?
Dear Forum Reader,I learned about a home being foreclosed on soon. It will be listed by the bank late this month. My interest in the home at this time is for a potential wholesale deal. If I get a verbal from the o...
Kenneth Cowan
Looking for advice, motivated but feel I dug myself quite a hole!
Hello all,
26 year old stuck in the rat race in Southern California. Looking for advice on my way out. After spending the last 6 months educating myself, I have realized that I really started out on the wrong foot.
...
Trevor J Dammon
Newbie Question on BRRRR
Hi All,Newbie here. I've been creating some spreadsheet, analyzing deals, and researching properties as much as I can. I'm now starting to look into the BRRRR method and have a couple questions.First Question: Why do ...
Monica Boyles
Can you assume 1st mortgage if buying property at auction (in California)?
Hi all. I've been looking at properties going to auction. Typically it's the lender of the first mortgage that is foreclosing. But occasionally I'll see a property where the it's the lender related to a second mortgag...
Kammarie Davis
Rental property creative finance - PLEASE HELP :)
What's up BP!! This is my first time posting on this forum. I am extremely new to the world of RE investing. Like infant newborn baby new, so please excuse the format of the post. HERE IS MY DILEMA
My co-worker is se...
Matt Morgan
What happened to my $30,000 profit?
I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...
Darvin Ezell
What % of the Market Value do you offer to motivated sellers to make a deal?
Ok say for example, the marketing that I have done has paid off and I generate some leads and get some calls coming in. I get a motivated seller that needs to sell their house and wants my help. How do I know what amo...
Hugo Solorzano
Pros and cons of mobile home investing?
Hi,I'm new to real estate and learning different strategies to invest. My city has various mobile home parks so the idea intrigues me. Does anyone have experience with this strategy? Do you buy with all cash? How do y...