Hi guys,
Over the past year I've successfully flipped 2 REO properties I picked up off MLS. I'm an agent and got them both relatively easily. I placed an aggresive offer on the first, and on the second I had the REO ...
Hello,Kind of an odd question. I have a dilemma where my current property manager may retire in ~5years. I mean that's still awhile but I am the type of person that likes to think many years ahead. I recently graduate...
Hello! I'm new to Real Estate Investing, and I want to get more involved here in BP. I have a question that I haven't seen here in the Starting Out forum. Some backstory: I work for a large corporation here in Cen...
I'm really getting tired of people calling me when my number is on the DNC. All brokers, realtors, wholesalers, etc... you need to check this list before you call anyone!!!! It is illegal (see below article). I real...
We had sewer water backed up into a multiplex a couple of weeks ago. Our PM sent a water damage company onsite to extract the standing water on emergency.Later the company called and asked me to sign a contract so the...
Hello All!-
What would we list as essential for having a successful residential property management company?
1- E and O Insurance?
2- Property Management Software?
3- CAR forms
4- Trust accounts?
please add, thank you!!
Current situation: 23 years old. Military, 4 more years of secure income. Gross income est. 30k a year. Net income est. 21k a year. No liabilities (no car payment, living in dorms, etc.), No assets. Credit score mid 7...
Hi everyone! I need advice!Alrighty, I'll cut right to the chase. I started mailing out letters this week to tax delinquent properties with absentee owners in my area. To my surprise, I got a call from an owner with...
Hello BP Family,
Hey guys thank for all the good advice regarding my last posts. As regard to the last senario. Called the owner of the "shell" property. I made a "ridicoulous" offer to him. He still wanted $40K for...
Question for the BP community, how are you finding the 70% market value deals?As a real estate agent and investor in the Minneapolis metro area, I'm utilizing a BRRRR strategy to build wealth. The big component of th...