Hi BP community!My name is Toby, I'm 32 years young and I've been lurking on here and the podcast for about the past month. I have recently become financially conscious after getting myself out of a mental stalemate c...
Hi BP Friends!I am trying to go under contract for my first house hacking deal in Chicago using FHA 203k financing. The market is brutal, 15+ MLS offers rejected so far. All the investor friendly multi-unit properties...
Hey all,I need some guidance, I’ve recently discovered a house FSBO. I met with the owner and looked at it and was intrigued by the opportunity. It is an old 9 unit hotel that he has gutted down to the studs. No plumb...
Hey everyone! I am a total newbie at real estate investing. I've purchased 1 house, the house I live in. I have, however, a somewhat close relationship with the landlord I've rented from for the 8 years previous to bu...
Hopefully, our BP member attorneys will chime in!
First thing to understand in RE is that all real estate is local, that's a saying in this business and it means that what you do, how things are done, what is...
Hi,
Here in the UK some realty agents are marketing Atlanta properties which they say give 12-14% of the property value back each year in rent. Normally here in the UK we get 5-6%, so this is of interest.
However, s...
I received a response from a yellow letter I sent to a probate lead this morning. The daughter says they want to sell the house and would consider financing the sale (the home is free and clear).
My question is when ...
I had planned on writing a very different post today. A triumphant post outlining the details of my very first wholesale deal and what an unmitigated success it was. Alas, such was not the case, as the deal fell throu...
I'm a newbie, looking to wholesale. I've been farming thorugh my realtor/MLS in one specific neighborhood, where I'm getting very used to the house style, ARVs, and repair costs. Problem is that 85% of the listings a...
Hello BP,I'm back with another question. I have a 'semi' motivated seller. I do not know what kind of deal to do in my situation. Here is the breakdown of things.Sale Price: $213,506 (She's going to sell to me for ex...