When I was working with a mentor a few years ago, he told me about a 1% rule. If the rent is 1% or more of asking price, it’s a deal. Has that changed to 2%?

Hey BP!I’m trying to understand how hard money would work for acquiring a multi family unit per say. I get the whole buying a distressed property fixing it up renting it and refinancing or even in a flip. I grasp the ...

Hi all, looking for some advice please! About a year ago I purchased 4 homes in Detroit, each costing about $38k, all cash and they are still non-financed.  Two were originally Section 8, now only one is (tennant insi...

Hello fellow BP members!  I have been bitten by a case of analysis paralysis.  I have identified what I believed to be a few good deals only to drag my feet and lose out on the ability to submit an offer due to the pr...

Hello,I am a Wholesaler in Florida and I have a large list of tax delinquent properties. I am currently wholesaling the ones that are attractive to my investors but I also have vacant land and Real Estate that does no...

We have a commercial spot under contract that has a 3/1 house as well as some storage potential and a small commercial unit. In talking with the bank we are getting in house financing at 5.4% amort 30 years. My questi...

I've been reading a book about real estate investing and the author who shall remain nameless makes a brilliant recommendation when buying REO properties. However I am unsure whether the recommendations are ethical or...

I will be getting my license in about a month. Does anyone have an opinion on which RE company I should hang my license with? Anyone know pros and cons to diff brokerages? I'm thinking Keller Williams but wanted to he...

Hello everyone! 
My wife and I are currently in the process of buying our first investment property. I am currently in the military, and we have been looking forward to buying a property for a while (particularly a d...

I'm representing the seller in a real transaction here in Oklahoma. I assisting the buyer as a transactional broker. (AKA I'm helping both sides of the transaction).

Unfortunately, my seller passed away early this ...