Charles H.
Strategy when making an offer on WAY overpriced building
Hello all,so I found a 10 units building, that is apparently with 50% vacancy. Not much info except that it is listed with the potential GRI of $70500. it's listed for $450,000 (lol). Not renovated in a while. Roof se...
Phil Janasac
Coach house not recognized on zoning certificate
My fiancee and I are in the process of purchasing a 2-flat with a coach house in the back of the lot on the north side of Chicago. Our lender requested a zoning certificate for the appraisal and discovered there are o...
Daniel Brown
Off-market Do's and Don'ts
Hey BP! what are your Do's and Don'ts when it comes to speaking with off market sellers? You guys running off a script or by gut on how the conversation is going? Would you ask price with the first conversation or bui...
Alex Craig
Enforcing Tenants to Pay Maintenance
I am interested in hearing from property managers & landlords nationwide, but really interested to hear from Memphis managers and landlords. Do you successful enforce tenants to pay maintenance under $150? For t...
Justin Louie
Local Investors
I couldn't find a specific forum for the greater peninsula area. I feel that many of the local investors are investing mostly out of state or at a distance. With only 1 or 2 so far that I've met that invest here in th...
Jonathan Johnson
Deal Analysis help! 100-unit
Hello BP,Often in my search for good deals, I get excited and can't think logically especially when I find something that is out of my usual criteria.I think I've found a good deal though.My wife and I were looking at...
Mike Hoherchak
May 16, SEC Crowdfunding Law, what does it mean for RE investing?
So I came across this article today. Starting May 16th, unaccredited investors can now take part in equity crowdfunding. Here's the full article from Entrepreneur.com: https://www.entrepreneur.com/article/275215Of cou...
Michelle Masters
Are you wholesalers asking too much?
I'm seeing wholesalers here in AZ asking 80% ARV flat (no reduction for repairs). Even a light cleaning would take at least 1 month of holding + closing costs on both sides. Almost every "deal" that's hit my Inbox nee...
Rick Reed
Distressed houses?
Generally speaking, what is a "distressed" house? Whenever I hear this term I think of something that sells for around $30k and needs about as much in repairs (if not more) just to be rent ready.
What major r...
Tyler Ferguson
Seller concessions for a Coliving house hack to use on Renovation
Hello!
I am looking to house hack a single family home through Coliving and renting out bedrooms.I took a course on this and one of the main strategies pushed is using seller concessions towards renovations of a prop...