Matthew Paul
landlord wanted to renegotiate price after work is done.
A guy called me for a price to clean up and clear a yard at one of his rentals . Car parts , motors , fenders , bicycles , all junk , but its all metal . And then cut the lawn . So I give him a price of $ 1400 . Tot...
Chad Smith
Getting Started
Hello my name is Chad Smith. I am 25 years old and I want to get into business for myself. More specifically I like the idea of becoming a landlord and having cash flow every month. I'm not willing to quit my day job....
Heather Harrison
Finding comps
recently, a fellow investor and I were discussing the most difficult aspect of wholesaling. He said that he found it to be finding TRUE comps. Have any of you found that to be the case? Because I am just starting out,...
Robert Ferrell
Questions on Seller Financing
Hello everyone, this is my first post on BP and I'm hoping someone out there would be so kind as to asnwer a few questions I have. Before I ask the questions, I'd like to point out that I am a complete newbie to the w...
Kavi S.
Buying my sister's underwater house
My sister is looking to sell her house and there HAS to be something I can do here. Off the bat, I'm doing this to make our entire family better off, not just myself.My sister bought a foreclosure for $230k-ish, my mo...
Michael J.
Rehab Using Cash Vs OPM
From most people I have talked to, and what I have read, most people that rehab for a living use OPM most of the time or a combination of the OPM and cash. I get the point of if you can invest your cash for a greater ...
Christopher Derr
Higher Cashflow or Higher Cash on Cash?
Property $40,0000 + $3,000 Rehab ($850 Closing) - Rent conservative $700/mo - optimistic $750/mo (its a 3/1 I have a 2/1 close that I rent for $700 right now)Commercial loan from portfolio lender that will finance u...
Jennifer McPherson
I'm baaccckk..... Looking for small multi....
2.5 years ago we bought a second house and rented our first house. The first 8 months were a little scary but since then our tenants have been amazing! They are now in the house for 2.5 years. We live in Colorado alo...
Zoe Mercier
Cash Out Refi - justify getting a good deal for appraisal?
We bought a place for cash (got a great deal) and are trying to finance it to cash it out (we gave the approximate value that it should go for). It's our first time doing this. We do have a tenant. Process looks good ...
Amir Khan
Texas real estate comps
Texas being a non-disclosure state, I understand most "free" online resources are not reliable source of pulling DFW area property comps (unless I am missing something?). As such the only reliable way would be to get ...