Casey Miles
$1 million in equity and "only" making 56-64k a year.
Hello Everyone,I think it's time for a change.I really want to keep my post on topic. If you have questions or want to debate CAP rates, cash on cash, etc. please shoot me a message and we can go from there.A little h...
Domonique Hudson
Realtor screwed up my check
Hi Guys/Gals,I have a wholesale deal in place on a bank reo. I got the property under contract at $54,500 and I'm going to wholesale it to my end buyer for 59k all cash using a simultaneous close. My escrow company ha...
John Cohen
Closed on a 48 Unit Multifamily - First Syndication
Hey BP!Just wanted to tell everyone about the first syndication I closed. Yesterday July 31st, I closed on a 48 unit multifamily in Columbus, OH. Purchase Price: $1,115,000Occupancy: 75%Down Units: 6 Light Turns: 66 -...
Hilary Graves
Do you show the property before application?
After advertising our vacant unit, I had several people fill out an application right away, and now I'm getting a round of people who just want a showing to see if they are interested BEFORE they pay the money to fill...
Gilbert Lugo
Why would a seller not accept an FHA loan?
Why would a sellers not accept an FHA loan and would rather do a conventional loan even though the property has a solid feel of passing the inspection?
Damon Riley
Autumn Property Management (Michigan)
Is anyone familiar with Autumn Property Management in Waterford, MI? They are taking over the PM duties from Proway (which was an arm of Strategic Properties, LLC). One source was optimistic that they'd be more resp...
Warren A.
Turnkey purchase price vs comps and LLC
Hi , I am new to real estate investing. I am drawn to turnkey for many of the reasons mentioned on this forum (spouse and I have full time jobs, kids, not interested in DIY). I have spent weeks reading many BP blog...
Amiris Brown
REO: how do I negotiate
My fiance seems hell bent on sending me to chase MLS listed properties. This past weekend I got us to look at the REO he found on Zillow, of which I figured might be a deal. We went out there with a contractor who is ...
Brian H.
Flood insurance $7000, on a $70,000 house?? Need advice please
All,
I have owned a single-family home in West Virginia for 11 years, and have operated it as a rental for most of that time. I decided to get rid of it year and finally got it locked up under contract with a...
Diana Pritchard
Educate your Real Estate agent
Hi BP Community,I wanted to share my recent interaction (email exchange) with a real estate agent who was advising me to up my offer price to beat the competition.About 20 days ago, I called an agent about a double (1...