Monique Booker
Newbie Wholesaler - NYC, New York
Hello everyone,Since February, I've been reading and watching a ton about wholesaling, and last month I decided to take the leap. I feel like I understand the basics, but I don't want to get "analysis paralysis"- so I...
Jeff Tang
What's a fair split in this type of partnership?
I have an investor/agent that would like to partner up and utilize my good credit to purchase a flip. Property would be around $500K, with ARV between $700K-$800K. He is proposing to provide the down payment, rehab ...
Daniel Salmeron
EMD for wholesale deal
Hey everyone! Im new to wholesaleing and have been cold calling leads for the past couple of days and came across a seller willing to let the property go for under market value but is requiring a 15% down or EMD at si...
Aaron W.
Considering my first property - is my thinking here reasonable?
I am likely to be gifted a very small SFH in a small city in a rural area, 2/1, 780 sqft with a large garage/outbuilding. Population is roughly 60,000 in a 10-mile radius with a similar community next to it, 30-minute...
Raeshelle C.
I was preapproved. What kind of property should I buy?
I was pre-approved for $130K with Freddie Mac, 1% down with a requirement to save reserves and have the seller pay closing costs. I'm a first-time home buyer and I work full-time. The apartment I live in now, I'm payi...
Dean Kohler
property management
hiI'm new to all this rental stuff.. we are looking for a property management company to rent out our house, and to take care of the things that go wrong while a tenant is renting it... my question is, what questions...
Brett Jones
Late fee laws in Maine
So as I understand it, in the state of Maine a tenant needs to be 15 days past due on rent for it to be considered "late" before a late fee can be added to the rent. https://ptla.org/rights-maine-renters-paying-rentWh...
Bill Gulley
SHORT SALE PROFITABILITY?
To those who do short sales:
How long does it take on the average, for you to get your money, from the day you find a property to the closing table?
On the average, what is the profit on each deal? Or, if you're too...
Felisha Derrick
Beginner situation/Hubris/What would you do?
In 2019 I purchased a Duplex in New Orleans for $219,000, I was able to refinance during Covid to a 3% interest rate. After I left NOLA, I was able to rent each side for $1,295 through a property manager taking 10%. T...
Rich Weese
home ownership, renting, double dip, good for whom?
My day started with getting ready for a trip tomorrow to Cancun. Fun, excitement and grand kids.... Then, I made the mistake of reading news reports and picking up the USA Today.
Front Page headline article "Cit...